Jump to ContentJump to Main Navigation
The Dollarization Debate$
Users without a subscription are not able to see the full content.

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

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 16 June 2019

Dollarization

Dollarization

Myths and Realities

Chapter:
5 Dollarization
Source:
The Dollarization Debate
Author(s):

Sebastian Edwards

Publisher:
Oxford University Press
DOI:10.1093/0195155351.003.0006

This chapter examines the economic performance of dollarized countries. It argues that dollarized nations have slower growth, similar fiscal record, have not been spared from major current account reversals, and have significantly lower inflation. The case of Panama demonstrates that external shocks result in greater costs, in terms of lower investment and growth, in dollarized than nondollarized countries.

Keywords:   dollarized nations, economic performance, growth, inflation, current account reversals

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .