What is Driving Financial De-Dollarization in Latin America?

What is Driving Financial De-Dollarization in Latin America?
In the last decade, a group of Latin American countries (Bolivia, Paraguay, Peru, and Uruguay) experienced a gradual, yet sustained decline in financial dollarization. This paper documents the stylized facts and uses a standard VAR approach to examine the drivers of both deposit and credit de-dollarization. It finds that the exchange rate... READ MORE...

Publication date: January 2011
ISBN 9781455211883
$18.00

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