Dollarization In Latin America: Recent Evidence And Some Policy Issues
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| Originally published | 1996 |
| Authors | Miguel A. Savastano |
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| ID | 2011061 |
About Dollarization In Latin America: Recent Evidence And Some Policy Issues
This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the allocation of foreign currency deposits, and the behavior of money velocity. . . .