Economic Policy In A Highly Dollarized Economy

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Monetary Policy in Dollarized Economies

Monetary Policy in Dollarized Economies
Author :
Publisher : International Monetary Fund
Total Pages : 62
Release :
ISBN-10 : 1557757577
ISBN-13 : 9781557757579
Rating : 4/5 (579 Downloads)

Book Synopsis Monetary Policy in Dollarized Economies by : Mr.Adam Bennett

Download or read book Monetary Policy in Dollarized Economies written by Mr.Adam Bennett and published by International Monetary Fund. This book was released on 1999-03-15 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dollarization - the holding by residents of a substantial portion of their assets in foreign-currency-denominated assets- is a common feature of developing and transition economies, and therefore typical of many countries with IMF - supported adjustment programs. This paper analyzes policy issues that arise-and various monetary strategies that may be pursued- when the monetary sector is dollarized, and it considers the implications that dollarization has for the design of IMF programs.


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