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Implementing Official Dollarization


Implementing Official Dollarization
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Implementing Official Dollarization


Implementing Official Dollarization
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Author : Mr.Luis Ignacio Jácome
language : en
Publisher: International Monetary Fund
Release Date : 2010-04-01

Implementing Official Dollarization written by Mr.Luis Ignacio Jácome and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-01 with Business & Economics categories.


This paper identifies key aspects that countries willing to officially dollarize must necessarily address. Based on country experiences, it discusses the critical institutional bases that are necessary to unilaterally introduce a new legal tender, describes the relevant operational issues to smooth the transition toward the use of the new currency, and identifies key structural reforms that are necessary to favor the sustainability over time of this monetary regime. The paper is aimed at providing preliminary guidance to policy makers and practitioners adopting official dollarization. The paper does not take a position on how appropriate this monetary arrangement is. Experiences from adopting dollarization in Ecuador, El Salvador, Kosovo, Montenegro, and Timor-Leste are illustrated briefly.



Implementing Official Dollarization


Implementing Official Dollarization
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Author : Åke Lönnberg
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2010-04-01

Implementing Official Dollarization written by Åke Lönnberg and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-01 with Business & Economics categories.


This paper identifies key aspects that countries willing to officially dollarize must necessarily address. Based on country experiences, it discusses the critical institutional bases that are necessary to unilaterally introduce a new legal tender, describes the relevant operational issues to smooth the transition toward the use of the new currency, and identifies key structural reforms that are necessary to favor the sustainability over time of this monetary regime. The paper is aimed at providing preliminary guidance to policy makers and practitioners adopting official dollarization. The paper does not take a position on how appropriate this monetary arrangement is. Experiences from adopting dollarization in Ecuador, El Salvador, Kosovo, Montenegro, and Timor-Leste are illustrated briefly.



Achieving Growth And Prosperity Through Freedom


Achieving Growth And Prosperity Through Freedom
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Author : United States. Congress. Joint Economic Committee
language : en
Publisher:
Release Date : 2000

Achieving Growth And Prosperity Through Freedom written by United States. Congress. Joint Economic Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.




Cambodian Dollarization


Cambodian Dollarization
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Author : Hidenobu Okuda
language : en
Publisher: Taylor & Francis
Release Date : 2023-09-07

Cambodian Dollarization written by Hidenobu Okuda and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-07 with Business & Economics categories.


This book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the end of 1998, when full peace reigned over the kingdom. It uses the micro-level data collected through nationwide surveys conducted jointly by the National Bank of Cambodia and JICA Ogata Sadako Research Institute in 2014 and 2017. By applying econometric analysis to collected data, the book analyses in detail the structures and mechanisms of dollarization in households, companies, and financial institutions. It also provides detailed information on the historical development of Cambodian dollarization, international comparisons with various cases of dollarization in countries around the world, and the impact of NBC's digital payment platforms (particularly Bakong) on the use of local and foeign currencies. The Cambodian case shows that financial development of low- and middle-income countries is promoted mutually by dollarization and that policies to separate the two are necessary to curb dollarization. This book will be of interest to students, researchers and policy-makers concerned with dollarization and economics in Southeast Asia.



Official Dollarization In Emerging Market Countries


Official Dollarization In Emerging Market Countries
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Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Policy
language : en
Publisher:
Release Date : 1999

Official Dollarization In Emerging Market Countries written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.




Official Dollarization In Latin America


Official Dollarization In Latin America
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Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Policy
language : en
Publisher:
Release Date : 2000

Official Dollarization In Latin America written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.




Sino Latin American Economic And Trade Relations


Sino Latin American Economic And Trade Relations
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Author : Yu Chai
language : en
Publisher: Springer
Release Date : 2019-01-16

Sino Latin American Economic And Trade Relations written by Yu Chai and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-16 with Business & Economics categories.


This is the first English book on the economic relations between China and Latin America written by Chinese scholars. The authors are all from the Institute of Latin American Studies, Chinese Academy of Social Sciences — China’s premier think tank. By combining empirical techniques and political-economic analysis, it investigates the history of and the outlook for China-Latin America relations. It offers readers insights into the Chinese perspective and an evaluation of the development of the relations between the two parties.



Money Markets And Mobility


Money Markets And Mobility
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Author : Robert A. Mundell
language : en
Publisher: IRPP
Release Date : 2002

Money Markets And Mobility written by Robert A. Mundell and has been published by IRPP this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.


Money, Markets, and Mobility celebrates the research and ideas of Canadian-born 1999 Nobel Laureate Robert A. Mundell.



Montenegro


Montenegro
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Author : International Monetary Fund. Monetary and Capital Markets Department
language : en
Publisher: International Monetary Fund
Release Date : 2025-04-04

Montenegro written by International Monetary Fund. Monetary and Capital Markets Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-04-04 with categories.


The transparency of the Central Bank of Montenegro (CBCG)’s legal framework, its mandate, autonomy, and decision-making arrangements have all been strengthened over time, but further improvements are recommended. The most important room for improvement is for the CBCG’s website to clearly explain that Montenegro’s unilateral euroization limits the scope for an independent monetary policy and for the provision of ELA. That should be aligned with an enhanced policy strategy, which should explain its operational framework and toolkit, helping the public understand how policies are formulated and what to expect. In addition, it should ensure timely publication of all its opinions on draft laws concerning the financial sector. The discussion on the website of the CBCG’s existing functional autonomy could stress that the CBCG can perform its mandate without prior approval needed from the Government. Finally, the CBCG’s transparency could be enhanced by clarifying the function of the Governor’s Collegium and by publishing the general act establishing the remuneration of the Governor, Vice-Governors, and Council members on its website, along with existing links to their incomes and assets, which is already available in the Anti-Corruption Agency website.



Curent Debates In Economic Growth Public Finance Game Theory


Curent Debates In Economic Growth Public Finance Game Theory
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Author : Ünal Çağlar
language : en
Publisher: IJOPEC PUBLICATION
Release Date : 2019-10-01

Curent Debates In Economic Growth Public Finance Game Theory written by Ünal Çağlar and has been published by IJOPEC PUBLICATION this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-01 with Business & Economics categories.


Economic activities have gained a global structure with the increasing importance and the progress of information technologies. Business has spread its activities through information technologies and have used information and information technologies as a strategic force in their competitive efforts. The use of financial resources, which gained importance during the industrial revolution, now has been replaced by the information economy. Knowledge has become an opportunity cost of financial capital. Production, consumption, distribution relations and economic structure, which are considered as the basic elements of the economy, have been restructured on the basis of knowledge. This book reflects the diversity of social science debates and includes three titles; economic growth and globalization; economic and game theory; and public finance. There are various scientific studies under the title of economic growth and globalization. We hope that our readers will enjoy and benefit from these contributions.