001385894 000__ 03289cam\a2200541Ia\4500 001385894 001__ 1385894 001385894 003__ MaCbMITP 001385894 005__ 20240325105014.0 001385894 006__ m\\\\\o\\d\\\\\\\\ 001385894 007__ cr\cn\nnnunnun 001385894 008__ 030508s2003\\\\maua\\\\ob\\\\001\0\eng\d 001385894 020__ $$a9780262286527$$q(electronic bk.) 001385894 020__ $$a0262286521$$q(electronic bk.) 001385894 020__ $$a0585443823$$q(electronic bk.) 001385894 020__ $$a9780585443829$$q(electronic bk.) 001385894 020__ $$z0262122502 001385894 035__ $$a(OCoLC)52204834$$z(OCoLC)532372263$$z(OCoLC)961675567$$z(OCoLC)962586845$$z(OCoLC)991979162$$z(OCoLC)1007412793$$z(OCoLC)1020543509$$z(OCoLC)1033590509$$z(OCoLC)1053043706 001385894 035__ $$a(OCoLC-P)52204834 001385894 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P 001385894 050_4 $$aHG221$$b.D55 2003eb 001385894 072_7 $$aBUS$$x028000$$2bisacsh 001385894 08204 $$a332.4/54$$221 001385894 24500 $$aDollarization /$$cedited by Eduardo Levy Yeyati and Federico Sturzenegger. 001385894 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2003. 001385894 300__ $$a1 online resource (ix, 341 pages) :$$billustrations 001385894 336__ $$atext$$btxt$$2rdacontent 001385894 337__ $$acomputer$$bc$$2rdamedia 001385894 338__ $$aonline resource$$bcr$$2rdacarrier 001385894 506__ $$aAccess limited to authorized users. 001385894 520__ $$aTheoretical and empirical analysis of de jure dollarization.With the persistent instability of international financial markets, emerging economies are exploring new ways to reduce exposure to capital flow volatility. Some analysts argue that financially open economies are best served by more flexible regimes, while others argue in favor of extreme exchange rate regimes that have a strong commitment to a fixed parity or dispense with an independent currency. The successful launch of the euro has made more realistic the prospect of replacing a national currency with a strong foreign one. Recent examples include the adoption of the US dollar by Ecuador and El Salvador.The introduction of a foreign currency as sole legal tender, termed full (de jure) dollarization, has been the center of much political and academic debate. This book provides a comprehensive analysis of the issues from both theoretical and empirical perspectives. The topics discussed include the role of balance sheet effects, the linkage between currency risk and country risk, the impact of dollarization on trade, financial integration and credibility, the implications of dollarization for the lender of last resort, and the institutional and political economy aspects of dollarization. 001385894 588__ $$aOCLC-licensed vendor bibliographic record. 001385894 650_0 $$aDollarization. 001385894 650_0 $$aMoney. 001385894 650_0 $$aDollar, American. 001385894 650_0 $$aForeign exchange. 001385894 650_0 $$aCurrency question. 001385894 650_0 $$aInternational finance. 001385894 653__ $$aECONOMICS/Finance 001385894 653__ $$aECONOMICS/Political Economy 001385894 655_0 $$aElectronic books 001385894 7001_ $$aLevy Yeyati, Eduardo. 001385894 7001_ $$aSturzenegger, Federico. 001385894 852__ $$bebk 001385894 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/2481.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct 001385894 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf 001385894 909CO $$ooai:library.usi.edu:1385894$$pGLOBAL_SET 001385894 980__ $$aBIB 001385894 980__ $$aEBOOK 001385894 982__ $$aEbook 001385894 983__ $$aOnline