Description
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.
Book Details
Format
Paperback
Pages
19 pages
Language
English
Published
Jan 1, 2000
Publisher
International Monetary Fund
ISBN-10
1557759936
ISBN-13
9781557759931