Full Dollarization
Download or Read eBook Full Dollarization PDF written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 2000-12-20 with total page 28 pages. Available in PDF, EPUB and Kindle.
| Author | : Mr.Eduardo Borensztein |
| Publisher | : International Monetary Fund |
| Total Pages | : 28 |
| Release | : 2000-12-20 |
| ISBN-10 | : 1557759936 |
| ISBN-13 | : 9781557759931 |
| Rating | : 4/5 (36 Downloads) |
Book Synopsis Full Dollarization by : Mr.Eduardo Borensztein
Book excerpt: 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.
