Dollarization of the Banking System : Good or Bad?

Good or Bad?

Dollarization of the Banking System : Good or Bad?
This paper assesses the benefits and risks associated with dollarization of the banking system. We provide novel empirical evidence on the determinants of dollarization, its role in promoting financial development, and on whether dollarization is associated with financial instability. We find that: (a) the credibility of macroeconomic policy and READ MORE...

Publication date: July 2003
ISBN 9781451856668
$15.00

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