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The Pros and Cons
出版International Monetary Fund, 2000-12-20
主題Business & Economics / Money & Monetary PolicyBusiness & Economics / Foreign ExchangeBusiness & Economics / Banks & Banking
ISBN15577599369781557759931
URLhttp://books.google.com.hk/books?id=PIZ9YyMWb78C&hl=&source=gbs_api
EBookSAMPLE
註釋Analyzes the costs and benefits of full dollarization, or the adoption by one country of another country’s currency. Potential advantages include lower borrowing costs and deeper integration into world markets. But countries lose the ability to devalue, and become dependent on the U.S. Compares with currency board option.