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On Dollarization

dc.contributor.authorCalvo, Guillermo A.
dc.date.accessioned2007-02-16T20:35:16Z
dc.date.available2007-02-16T20:35:16Z
dc.date.issued1999-04-20
dc.identifier.urihttp://hdl.handle.net/1903/4296
dc.description.abstractRecent worldwide turmoil in financial markets is triggering a major revision of the conventional wisdom about Emerging Market countries’ (EMs) macroeconomic management. As a result, the debate is wide open as to the set of policies and institutional arrangements that would ensure EMs’ macroeconomic stability. Opinions range from those favoring further pursuing market-friendly reforms to controls on capital mobility and even trade, and from dollarization to floating exchange rates. The debate on the appropriate exchange rate system, in particular, has taken center-stage.en
dc.format.extent53716 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen
dc.subjectdollarizationen
dc.subjectemerging marketsen
dc.subjectmacroeconomic managementen
dc.subjectcapital mobilityen
dc.subjectfloating exchange ratesen
dc.titleOn Dollarizationen
dc.typeArticleen
dc.relation.isAvailableAtDigital Repository at the University of Marylanden_us
dc.relation.isAvailableAtEconomics Departmenten_us
dc.relation.isAvailableAtCollege of Behavioral and Social Sciencesen_us
dc.relation.isAvailableAtUniversity of Maryland (College Park, Md.)en_us


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