Financial dollarization the policy agenda /
This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarizat...
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Group Author: | ; ; |
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Published: |
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Literature type: | Book |
Language: | English |
Series: |
Procyclicality of financial systems in Asia |
Subjects: | |
Online Access: |
http://www.palgraveconnect.com/doifinder/10.1057/9780230380257 |
Summary: |
This volume provides a rigorous and balanced perspective on the causes and implications of dollarization, and the basic policies and options to deal with it: the adaptation of the monetary and prudential frameworks, the development of local-currency substitutes, and the scope for limiting dollarization through administrative restrictions. 'The contributions are generally of a high quality; the editors have done an excellent job, and the publication comes at an appropriate time.' - Bishnodat Persaud, Development and Policy Review. |
Item Description: |
Electronic book text. Epublication based on: 9781403987594, 2006. |
Carrier Form: | 360 p. |
Audience: | Undergraduate. |
ISBN: |
9781403987594 9780230380257 : 0230380255 : |
CLC: | F831 |
Contents: | Preface-- O.Dancourt & S.Ingves Introduction-- A.Armas, A.Ize & E.Levy-Yeyati PART I: FINANCIAL DOLLARIZATION: ROOTS AND DYNAMICS Financial Dollarization Equalibria: A Framework for Policy Analysis-- A.Ize Comments on Chapter 2-- O.Jeanne Financial De-dollarization: Is it for Real? A.Ize & E.Levy-Yeyati Comments on Chapter 3-- R.Chang Financial Dollarization in Latin America-- R.Rennhack & M.Nozaki Comments on Chapter 4-- K.Cowan PART II: MONETARY AND EXCHANGE RATE MANAGEMENT Exchange Rate and Monetary Management in a Partially Dollarized Economy-- L.Leiderman, R.Maino & E.Parrado Targeting Inflation in a Dollarized Economy: The Peruvian Experience-- A.Armas & F.Grippa Discussants-- K.Schmidt-Hebbel PART III: PRUDENTIAL MANAGEMENT Controlling Currency Mismatches in Emerging Economies-- P.Turner Prudential Management in a Partially Dollarized Economy: Toward Internationally Accepted Best Practices-- J.Cayazzo, A.I.G.Pascual, E.Gutierrez & S.Heysen Managing Systematic Liquidity Risk in a Dollarized Economy-- A.Ize, M.Kiguel & E.Levy-Yeyati To Hell and Back: Crisis Management in a Dollarized Economy: The Case of Uruguay-- J.de Brun & G.Licandro Discussant-- P.Turner PART IV: PROMOTING THE LOCAL CURRENCY Can Indexed Debt Absolve Original Sin? Going Indexed or is Self-Flagellation Needed? A.Holland & C.Mulder De-dollarizing: The Gentle Way or the Hard Way? D.C.Hardy & C.Pazarbasioglu Discussants-- A.de La Torre, L.Oscar Herrera & C.Irigoyen PART V: THE ROUTE AHEAD Summary of Round Table Discussion-- A.Carstens, F.de Paula Gutierrez, L.Leiderman, J.A.Morales, M.Rodlauer & R.Rossini. |