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The Dollarization Debate$
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Dominick Salvatore, James W. Dean, and Thomas D. Willett

Print publication date: 2003

Print ISBN-13: 9780195155358

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0195155351.001.0001

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The Political Economy of Dollarization in Mexico

The Political Economy of Dollarization in Mexico

Chapter:
(p.266) 15 The Political Economy of Dollarization in Mexico
Source:
The Dollarization Debate
Author(s):

Nancy Neiman Auerbach

Aldo Flores‐Quiroga

Publisher:
Oxford University Press
DOI:10.1093/0195155351.003.0016

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

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