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What Problems Can Dollarization Solve?
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Abstract
This chapter examines the impact of dollarization on the pace of fiscal, financial, and labour market reform. It argues that despite the existence of theoretical models, and evidence from countries with pegged and floating rates, little is known about the effect of dollarization on reforms. Lessons learned from this discussion are presented.
Title: What Problems Can Dollarization Solve?
Description:
Abstract
This chapter examines the impact of dollarization on the pace of fiscal, financial, and labour market reform.
It argues that despite the existence of theoretical models, and evidence from countries with pegged and floating rates, little is known about the effect of dollarization on reforms.
Lessons learned from this discussion are presented.
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Abstract
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