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<図書>
Dollarization

責任表示 edited by Eduardo Levy Yeyati and Federico Sturzenegger
データ種別 図書
出版情報 Cambridge, Mass. : MIT Press , c2003
本文言語 英語
大きさ ix, 341 p. : ill. ; 24 cm
概要 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 e...onomies 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. 続きを見る

所蔵情報



中央図 自動書庫 338.97/L 57 2003
054212003002636

書誌詳細

別書名 異なりアクセスタイトル:Dollarization : debates and policy alternatives
一般注記 Includes bibliographical references and index
著者標目 Levy Yeyati, Eduardo
Sturzenegger, Federico
件 名 LCSH:Money
LCSH:Dollar, American
LCSH:Foreign exchange
LCSH:International finance
分 類 LCC:HG221
DC21:332.4/54
書誌ID 1000019125
ISBN 0262122502
NCID BA60042498
巻冊次 ISBN:0262122502
登録日 2004.02.04
更新日 2004.02.04

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