BN.com Gift Guide

The Dollarization Debate / Edition 1

Paperback (Print)
Buy New
Buy New from BN.com
$25.58
Used and New from Other Sellers
Used and New from Other Sellers
from $1.99
Usually ships in 1-2 business days
(Save 92%)
Other sellers (Paperback)
  • All (22) from $1.99   
  • New (6) from $1.99   
  • Used (16) from $1.99   

Overview


This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.
Read More Show Less

Editorial Reviews

From the Publisher
Dollarization is currently a very hot topic and I think the coverage in the media of the pros and cons of dollarization has been confusing and incomplete. This is an important and timely topic; it is useful to summerize the main findings of the research. There has also been a great deal of discussion among policymakers and it is useful toput that discussion in context. This should be a fascinating read for those interested in global macroeconomics and the problems of exchange rate management and stability—Linda Tesar, Professor of Economics, University of Michigan


"Among leading experts contributing to this collection , some advocate dollarization, some advocate fixed exchange rates, and some are flexible. Many adopt the view that all exchange rate regimes have costs as well as benefits, and that the cost-benefit ration will vary across countries."—Business Horizons

Read More Show Less

Product Details

  • ISBN-13: 9780195155365
  • Publisher: Oxford University Press, USA
  • Publication date: 3/27/2003
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 496
  • Product dimensions: 9.10 (w) x 6.10 (h) x 0.60 (d)

Meet the Author

Fordham University, NY

Simon Frazer University

Claremont Institute for Economic Policy Studies

Read More Show Less

Table of Contents

Contributors
Introduction 3
1 Currency Areas, Exchange Rate Systems, and International Monetary Reform 17
2 Unofficial Dollarization in Latin America: Currency Substitution, Network Externalities, and Irreversibility 46
3 The Pros and Cons of Full Dollarization 72
4 Is It Time for a Common Currency for the Americas? 102
5 Dollarization: Myths and Realities 111
6 What Problems Can Dollarization Solve? 129
7 What Use Is Monetary Sovereignty? 140
8 The OCA Approach to Exchange Rate Regimes: A Perspective on Recent Developments 154
9 Dollarization Does Not Make Sense Everywhere 172
10 The Problem of Dollar Encroachment in Emerging Markets 177
11 Which Countries in the Americas Should Dollarize? 196
12 Pressures for Currency Consolidation in Insurance and Finance: Are the Currencies of Financially Small Countries on the Endangered List? 206
13 Monetary Union: The Political Dimension 221
14 Latin American Official Dollarization: Political Economy Aspects 238
15 The Political Economy of Dollarization in Mexico 266
16 Lessons of the Euro for Dollarization: Analytic and Political Economy Perspectives 283
17 North American Currency Integration: A Canadian Perspective 299
18 The Merit of a North American Monetary Union 318
19 Why Canada Needs a Flexible Exchange Rate 341
20 Should Latin America's Common-Law Marriage to the U.S. Dollar Be Legalized? Should Canada's? 365
21 What Exchange Rate Arrangement Works Best for Latin America? 375
22 A Dollarization/Free-Banking Blueprint for Argentina 387
23 Argentina's Currency Board and the Case for Macroeconomic Policy Coordination in Mercosur 401
24 Cuba: "Dollarization" and "Dedollarization" 425
Index 449
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)