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DOWNLOAD ~ Monetary Policy in Dollarized Economies " by Adam Bennett, Eduardo Borensztein & Tomás J. T. Baliño ~ eBook PDF Kindle ePub Free

Monetary Policy in Dollarized Economies

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eBook details

  • Title: Monetary Policy in Dollarized Economies
  • Author : Adam Bennett, Eduardo Borensztein & Tomás J. T. Baliño
  • Release Date : January 15, 1999
  • Genre: Business & Personal Finance,Books,
  • Pages : * pages
  • Size : 2783 KB

Description

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 may be pursued- when the monetary sector is dollarized, and it considers the implications that dollarization has for the design of IMF programs.


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