Full Dollarization [electronic resource] : The Pros and Cons / Eduardo Borensztein.
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TextSeries: Economic Issues; Economic Issues ; No. 24Publication details: Washington, D.C. : International Monetary Fund, 2001Description: 1 online resource (28 p.)ISBN: 1557759987 :ISSN: 1020-8402Subject(s): Central Bank | Currency Board | Currency Boards | Dollarization | Domestic CurrencyAdditional physical formats: Print Version:: Full Dollarization : The Pros and ConsOnline resources: IMF e-Library | IMF Book Store Abstract: Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country's currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with currency board option.
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Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country's currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with currency board option.
Description based on print version record.
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