Read e-book online Financial Dollarization: The Policy Agenda (Procyclicality PDF

By Adrián Armas,Eduardo Levy Yeyati,Alain Ize,A. Armas,A. Ize,E. Levy-Yeyati

monetary (unofficial) dollarization is broadly visible as a serious resource of monetary fragility in either constructing and rising economies. This quantity presents a rigorous and balanced standpoint at the motives and implications of dollarization, and the fundamental rules and techniques to house it: the difference of the financial and prudential frameworks, the advance of local-currency substitutes, and the scope for proscribing dollarization via administrative regulations. for additional info on how one can buy a replica of this identify, please stopover at

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