Currency Substitution in Developing Countries : An Introduction

An Introduction

Currency Substitution in Developing Countries : An Introduction
This paper reviews the main policy and analytical issues related to currency substitution in developing countries. The paper discusses, first, whether currency substitution should be encouraged or not; second, how the presence of currency substitution affects the choice of nominal anchors in inflation stabilization programs; third, the effects... READ MORE...

Publication date: May 1992
ISBN 9781451845884
$15.00

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