Want Dollarization?No! No! No!

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Issue:

Business

 

Written by:

James P

 

Date added:

December 15, 2011

 

Level:

 

Grade:

A

 

No of pages / words:

7 / 1691

 

Was viewed:

6275 times

 

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The views expressed herein are those of the authors and not necessarily those of the Great Lakes Institute of Management. © 2004 by Sundara B Reddy. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source...
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E42, F41, F42 ABSTRACT This paper discusses major analytical aspects of dollarization and their practical implications. We develop a simple model to stress that dollarization implies the loss of independent monetary policy, yet the significance of such losses can only be evaluated in conjunction with assumptions about the policymaking process...
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