What Problems Can Dollarization Solve?

Barry Eichengreen

in The Dollarization Debate

Published in print May 2003 | ISBN: 9780195155358
Published online November 2003 | e-ISBN: 9780199832989 | DOI:
What Problems Can Dollarization Solve?

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This chapter examines the impact of dollarization on the pace of fiscal, financial, and labour market reform. It argues that despite the existence of theoretical models, and evidence from countries with pegged and floating rates, little is known about the effect of dollarization on reforms. Lessons learned from this discussion are presented.

Keywords: dollarization; fiscal reform; financial reform; labour market reform

Chapter.  5179 words. 

Subjects: International Economics

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