
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.
Page Count:
360
Publication Date:
2006-01-01
ISBN-10:
1403987599
ISBN-13:
9781403987594
No comments yet. Be the first to share your thoughts!