The Dollarization Debate
1st Edition
Published on 27. March 2003
491 pages
978-0-19-803536-7 (ISBN)
Description
This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.
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Dominick Salvatore | James W. Dean | Thomas D. Willett
The Dollarization Debate
Book
05/2003
Oxford University Press Inc
€93.90
Shipment within 15-20 days
Dominick Salvatore | James W. Dean | Thomas D. Willett
The Dollarization Debate
Book
05/2003
Oxford University Press Inc
€52.40
Shipment within 15-20 days
Content
- Cover
- Contents
- Contributors
- Introduction
- Part I: General Analysis
- A Visionary's View
- 1 Currency Areas, Exchange Rate Systems, and International Monetary Reform
- De Facto Dollarization
- 2 Unofficial Dollarization in Latin America: Currency Substitution, Network Externalities, and Irreversibility
- Pros and Cons
- 3 The Pros and Cons of Full Dollarization
- 4 Is It Time for a Common Currency for the Americas?
- 5 Dollarization: Myths and Realities
- 6 What Problems Can Dollarization Solve?
- 7 What Use Is Monetary Sovereignty?
- One Regime for All Countries?
- 8 The OCA Approach to Exchange Rate Regimes: A Perspective on Recent Developments
- 9 Dollarization Does Not Make Sense Everywhere
- 10 The Problem of Dollar Encroachment in Emerging Markets
- 11 Which Countries in the Americas Should Dollarize?
- 12 Pressures for Currency Consolidation in Insurance and Finance: Are the Currencies of Financially Small Countries on the Endangered List?
- Part II: Political Economy
- 13 Monetary Union: The Political Dimension
- 14 Latin American Official Dollarization: Political Economy Aspects
- 15 The Political Economy of Dollarization in Mexico
- 16 Lessons of the Euro for Dollarization: Analytic and Political Economy Perspectives
- Part III: North America
- 17 North American Currency Integration: A Canadian Perspective
- 18 The Merit of a North American Monetary Union
- 19 Why Canada Needs a Flexible Exchange Rate
- Part IV: Latin America
- 20 Should Latin America's Common-Law Marriage to the U.S. Dollar Be Legalized? Should Canada's?
- 21 What Exchange Rate Arrangement Works Best for Latin America?
- 22 A Dollarization/Free-Banking Blueprint for Argentina
- 23 Argentina's Currency Board and the Case for Macroeconomic Policy Coordination in Mercosur
- 24 Cuba: "Dollarization" and "Dedollarization"
- Index
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- Y
- Z
