Title: Financial dollarization
Description: Financial (unofficial) dollarization is widely seen as a critical source of financial fragility in both developing and emerging economies. This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarization through administrative restrictions.
Subjects: Economic policy, Monetary policy, Currency question, Dollarization, Monetary policy, developing countries, Currency question, developing countries, Developing countries, economic policy, Monetary economics, Development economics, BUSINESS & ECONOMICS, Foreign Exchange, Economics
Places: Developing countries