On Dollarization

dc.contributor.author	Calvo, Guillermo A.
dc.date.accessioned	2007-02-16T20:35:16Z
dc.date.available	2007-02-16T20:35:16Z
dc.date.issued	1999-04-20
dc.description.abstract	Recent 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.extent	53716 bytes
dc.format.mimetype	application/pdf
dc.identifier.uri	http://hdl.handle.net/1903/4296
dc.language.iso	en_US	en
dc.relation.isAvailableAt	Digital Repository at the University of Maryland	en_us
dc.relation.isAvailableAt	Economics Department	en_us
dc.relation.isAvailableAt	College of Behavioral and Social Sciences	en_us
dc.relation.isAvailableAt	University of Maryland (College Park, Md.)	en_us
dc.subject	dollarization	en
dc.subject	emerging markets	en
dc.subject	macroeconomic management	en
dc.subject	capital mobility	en
dc.subject	floating exchange rates	en
dc.title	On Dollarization	en
dc.type	Article	en

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