Monetary Policy in Dollarized Economies

Monetary Policy in Dollarized Economies

by Mr. Adam Bennett, Mr. Eduardo Borensztein, Mr. Tomás J. T. Baliño
     
 

View All Available Formats & Editions

Dollarization - the holding by residents of a substantial portion of their assets in foreign-currency-denominated assets- is a common feature of developing and transition economies, and therefore typical of many countries with IMF - supported adjustment programs. This paper analyzes policy issues that arise-and various monetary strategies that may be pursued- when the

Overview

Dollarization - the holding by residents of a substantial portion of their assets in foreign-currency-denominated assets- is a common feature of developing and transition economies, and therefore typical of many countries with IMF - supported adjustment programs. This paper analyzes policy issues that arise-and various monetary strategies that may be pursued- when the monetary sector is dollarized, and it considers the implications that dollarization has for the design of IMF programs.

Product Details

ISBN-13:
9781452761084
Publisher:
INTERNATIONAL MONETARY FUND
Publication date:
03/15/1999
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
2 MB

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >