By Adam Bennett,Eduardo Borensztein,Tomás J. T. Baliño

ISBN-10: 1557757577

ISBN-13: 9781557757579

Dollarization - the preserving via citizens of a considerable part of their resources in foreign-currency-denominated resources- is a standard function of constructing and transition economies, and accordingly average of many nations with IMF - supported adjustment courses. This paper analyzes coverage concerns that arise-and quite a few financial innovations which may be pursued- while the financial zone is dollarized, and it considers the consequences that dollarization has for the layout of IMF programs.

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Monetary Policy in Dollarized Economies (Occasional Paper (International Monetary Fund)) by Adam Bennett,Eduardo Borensztein,Tomás J. T. Baliño


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