Galindo Andrade, Arturo José (contributor); … - 2004 - [Elektronische Ressource]
the validity of concerns about the effectiveness of monetary
policy in a dollarized economy and about a loss of … the fiscal
deficit and increasing monetary policy independence. Privatizations, elimination of subsidies,
a freeze of … credibility of monetary policy
3
. In this sense dollarization is a form of
protection against debt repudiation via inflation …