Monetary Policy in Dollarized Economies

Monetary Policy in Dollarized Economies
Dollarization - the holding by residents of a substantial portion of their assets in foreign-currency-denominated assets- is a common feature of developing and transition economies, and therefore typical of many countries with IMF - supported adjustment programs. This paper analyzes policy issues that arise-and various monetary strategies that... READ MORE...

Publication date: March 1999
ISBN 9781557757579
$18.00

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