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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Bibliographic Details
Group Author: Ize, Alain; Levy Yeyati, Eduardo.; Armas, Adrian.
Published:
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.