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Dollarization as a Monetary Arrangement for Emerging Market Economies

Author: Gaetano Antinolfi; Todd Kliester; Inter-university Consortium for Political and Social Research.
Publisher: Ann Arbor, Mich. : Inter-university Consortium for Political and Social Research [distributor], 2002.
Series: ICPSR (Series), 1250.
Edition/Format:   Computer file : EnglishView all editions and formats
Database:WorldCat
Summary:
Official dollarization refers to the adoption of the United States dollar as legal tender in place of the national currency. Some Latin American countries have recently dollarized, and others have seriously considered dollarization. This article discusses the reasons behind the surge of interest in dollarization and provides a review of the new academic literature on the topic. It discusses in detail some of the  Read more...
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Details

Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Gaetano Antinolfi; Todd Kliester; Inter-university Consortium for Political and Social Research.
OCLC Number: 61146135
Notes: Title from ICPSR DDI metadata of 2004-10-30.
Details: Mode of access: Intranet.
Series Title: ICPSR (Series), 1250.
Responsibility: Gaetano Antinolfi, Todd Kliester.

Abstract:

Official dollarization refers to the adoption of the United States dollar as legal tender in place of the national currency. Some Latin American countries have recently dollarized, and others have seriously considered dollarization. This article discusses the reasons behind the surge of interest in dollarization and provides a review of the new academic literature on the topic. It discusses in detail some of the factors that are commonly considered to be the important costs and benefits of dollarizing. The paper also provides an analysis of the existing liability dollarization in several countries and its relation with official dollarization. Finally, it briefly looks at dollarization from the perspective of the United States.

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