The Political Economy of Dollarization in Mexico

Nancy Neiman Auerbach and Aldo Flores‐Quiroga

in The Dollarization Debate

Published in print May 2003 | ISBN: 9780195155358
Published online November 2003 | e-ISBN: 9780199832989 | DOI:
The Political Economy of Dollarization in Mexico

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This chapter examines the dollarization debate in Mexico. It explains the political economy of dollarization by disaggregating interests among key domestic actors, and considering the policymaking context, i.e. the status quo. It argues that the costs and benefits of dollarization must be assessed in the specific context of current Mexican politics to make sense of the debate.

Keywords: Mexico; dollarization; currency; monetary policy

Chapter.  7712 words. 

Subjects: International Economics

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