Financial Dollarization The Policy Agenda |
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| Author:
| Armas, Adrin
Yeyati, Eduardo Levy
Ize, Alain |
| ISBN: | 978-1-4639-1413-4 |
| Publication Date: | Jul 2006 |
| Publisher: | International Monetary Fund
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| Book Format: | Ebook |
| List Price: | USD $47.50 |
Book Description:
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Financial (unofficial) dollarization is widely seen as a critical source of financial fragility in both developing and emerging economies. This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarization through administrative restrictions. For more...
More DescriptionFinancial (unofficial) dollarization is widely seen as a critical source of financial fragility in both developing and emerging economies. This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarization through administrative restrictions. For more information on how to purchase a copy of this title, please visit http://www.palgrave.com/economics/imf/index.asp.