Subject: Economics and Finance Book Title: The Dollarization Debate
The Dollarization Debate
Salvatore, Dominick
(Editor), Chair of Economics, Fordham University
Dean, James W.
(Editor), Professor of Economics, Simon Faser University
Willett, Thomas D.
(Editor), Professor of Economics, Claremont Graduate School
Print publication date: 2003
Published to Oxford Scholarship Online: November 2003
Print ISBN-13: 978-0-19-515535-8
doi:10.1093/0195155351.001.0001
Published to Oxford Scholarship Online: November 2003
Print ISBN-13: 978-0-19-515535-8
doi:10.1093/0195155351.001.0001
Abstract:
This book presents a compilation of papers that explore the dollarization debate. The prevailing view is that all exchange rate regimes have benefits and costs, which will vary across countries. The book is divided into four parts. Part I presents a general analysis of the dollarization debate. Part II focuses on the political economy. Part III looks into the dollarization debate in North America. Part IV considers the case for dollarization in Latin America.
Keywords: dollarization, exchange rate regime, currency
Keywords: dollarization, exchange rate regime, currency
Table of Contents
Preface
Introduction
1. Currency Areas, Exchange Rate Systems, and International Monetary Reform
2. Unofficial Dollarization in Latin America
3. The Pros and Cons of Full Dollarization
4. Is It Time for a Common Currency for the Americas?
5. Dollarization
6. What Problems Can Dollarization Solve?
7. What Use Is Monetary Sovereignty?
8. The OCA Approach to Exchange Rate Regimes
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
13. Monetary Union
14. Latin American Official Dollarization
15. The Political Economy of Dollarization in Mexico
16. Lessons of the Euro for Dollarization
17. North American Currency Integration
18. The Merit of a North American Monetary Union
19. Why Canada Needs a Flexible Exchange Rate
20. Should Latin America's Common-Law Marriage to the U.S. Dollar Be Legalized?
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
Index
doi:10.1093/0195155351.001.0001
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