Playing monopoly with the devil : dollarization and domestic currencies in developing countries (eBook, 2006) [WorldCat.org]
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Playing monopoly with the devil : dollarization and domestic currencies in developing countries

Author: Manuel Hinds
Publisher: New Haven : Yale University Press, ©2006.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:

Why should a developing country surrender its power to create money by adopting an international currency as its own? This comprehensive book explores the currency problems that developing countries  Read more...

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Additional Physical Format: Print version:
Hinds, Manuel.
Playing monopoly with the devil.
New Haven : Yale University Press, ©2006
(DLC) 2006006465
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Manuel Hinds
OCLC Number: 928702030
Notes: "A Council on Foreign Relations book."
Description: 1 online resource (xxxix, 255 p.) : ill
Contents: The standard of value and the reversed liquidity trap --
The unfulfilled promises in the financial system --
The unfulfilled promises in trade and growth --
The costs of stability --
Missing financial globalization --
The financial risks of monetary regimes --
The currency origins of financial crises --
The myth of the lender of last resort --
The solution of crises and the aftermath --
The counterfactuals --
The conventional optimal currency area theory --
Toward a redefinition of an optimal currency area.
Responsibility: Manuel Hinds.

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"Dollarization as a policy idea is much more discussed than tested. Manuel Hinds has helped put it to the test in El Salvador with some impressive results. This book makes a powerful argument: It Read more...

 
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