[Download] Financial Dollarization: The Policy Agenda (Procyclicality of Financial Systems in Asia)
·•●- Adrián Armas, Eduardo Levy Yeyati, Alain Ize ·•●-
| 2006-07-25 | 2006-07-25 | File Name: B00CRE2MAS
||||'The contributions are generally of a high quality; the editors have done an excellent job, and the publication comes at an appropriate time.' - Bishnodat Persaud, Development and Policy|About the Author|AGUSTIN CARSTE
Financial (unofficial) dollarization is widely seen as a critical source of financial fragility in both developing and emerging economies. This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarization through administrative restrict...
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