[DOC] [TLE] Currency substitution - Wikipedia [PAR] Currency substitution or dollarization occurs when the inhabitants of a country 
use a foreign currency in parallel to or instead of the domestic currency. Currency 
substitution can be full or partial. Most, if not all, full currency substitution have 
taken place only after a fatal economic crisis: examples are Ecuador, El Salvador 
in Latin ... Panama adopted the US dollar as legal tender after independence as 
the... [DOC] [TLE] Examining the Effects of Dollarization on Ecuador  COHA [PAR] Jul 26, 2016 ... In addition to Panama and El Salvador, Ecuador is one of the Latin American ... 
with a 'dollarized' economy that uses the U.S. currency as legal tender. ... The 
government of Ecuador has also cast doubt on the success of ... Ecuador decided 
to substitute its currency with the U.S. dollar. ..... Follow Us! [DOC] [TLE] Tim's El Salvador Blog: Dollarization not helping El Salvador [PAR] Aug 4, 2007 ... Critics of El Salvador's currency change say it's a prime example of how ... El 
Salvador has to get its dollars from the U.S. If our government decided to it could 
pull the plug .... In Ecuador, the dollarization process was set in motion after a ... 
country's legal tender), and real dollarization (foreign currency is... [DOC] [TLE] Here are all the countries that don't have a currency of their own ... [PAR] Sep 15, 2014 ... (Follow?) In the event of independence, Scotland wants to continue to use the 
pound as ... US dollar: Ecuador, East Timor, El Salvador, Marshall Islands, ... EU 
and the debut of the euro, making even the notion of a single currency ... eight 
official currencies as legal tender: the US dollar, South African rand,... [DOC] [TLE] Official Dollarization and the Banking System in Ecuador and El ... [PAR] Under full or official dollarization, a country adopts as legal tender another ... 
Ecuador, El Salvador, and Panama, the largest ... nomic crisis, such as the 
currency and banking crisis in Ecuador, or as part of its ..... The government 
decided to dollarize in ... States by making their remittance transfer costs cheaper
.9 Officials also... [DOC] [TLE] Masterthesis - SlideShare [PAR] Apr 4, 2016 ... Requirements for Dollarizing When El Salvador and Ecuador were ... countries in 
the sense that it might make governments choose better fiscal policies ... After 
dollarization, 24 Table 6: Lending Interest Rates Year Ecuador (%) El .... when a 
country chooses to use another major currency as a legal tender,... [DOC] [TLE] Dollarization in Ecuador and El Salvador - GUPEA [PAR] Ecuador after dollarization but decreased in El Salvador. ... economic system and 
the currency led to very high levels of inflation during 1998 and 1999. (Abrego... [DOC] [TLE] The Militant - March 26, 2001 -- From El Salvador to Ecuador, toilers ... [PAR] Mar 26, 2001 ... From El Salvador to Ecuador, toilers resist effects of 'dollarization' ... will be the 
ones that will decide what currency they will use to make their transactions," said 
Alemn. ... Under Argentina's currency board, dollars are legal tender along ... 
recession in 1995 following the devaluation of the Mexican peso. [DOC] [TLE] Basics of Dollarization - Global Policy Forum [PAR] Jan 9, 2000 ... Had they not wanted to use the dollar, they could also have done well by ... 
Unofficial dollarization can include holding any of the following: ... Under 
semiofficial dollarization, foreign currency is legal tender and may even .... 
Dominica, Ecuador, Egypt, El Salvador, Estonia, Guinea, Honduras, Hungary,... [DOC] [TLE] Monetary Union: The Political Dimension [PAR] Should Canada and the United States adopt a common currency? ... in 1903, 
along with Ecuador and El Salvador, both of which decided to switch to the ... of 
local money continue to circulate, the dollar is now the main legal tender in .... 
The main objections to monetary union have also been largely political" (
Fratianni et al. [DOC] [TLE] US Policy on Dollarisation - Department of Political Science [PAR] But with each new Ecuador or El Salvador

Question: Following Ecuador's lead, El Salvador also decided to make this currency legal tender
Answer: the (U.S.) dollar