Is Dollarization a Good Idea?
Argentina’s current economic outlook is bleak. Last spring’s shock to international capital markets which caused a devaluation in Brazil has now combined with uncertainty over the…
Category: Currency Policy, The Economy
Dollarization in Latin America
At the dawn of the XXI century, the drastic lowering of barriers to foreign trade and financial transactions, coupled with the volatility of international capital markets, seem to be propelling…
Dollarization and other Dilemmas
Currency policy is one of the most important choices facing Latin American governments and peoples today. Exchange rates have long made front-page news in Latin America. Argentina’s…
