The dollarization debate [[electronic resource] /] / edited by Dominck Salvatore, James W. Dean, Thomas Willett

• Record Nr.: UNINA9910807675503321
• Pubbl/distr/stampa: Oxford ; ; New York, : Oxford University Press, 2003
• ISBN: 1-60256-716-6; 1-280-53539-3; 1-282-23520-6; 9786612235207; 1-4237-2636-7; 0-19-515535-1; 9786610535392; 0-19-803536-5
• Descrizione fisica: 1 online resource (491 p.)
• Altri autori (Persone): DeanJames W; WillettThomas D
• Disciplina: 332.4/564
• Soggetti: Money; Dollar, American; Foreign exchange; Currency question; International finance
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Contents; Contributors; Introduction; Part I: General Analysis; A Visionary's View; 1 Currency Areas, Exchange Rate Systems, and International Monetary Reform; De Facto Dollarization; 2 Unofficial Dollarization in Latin America: Currency Substitution, Network Externalities, and Irreversibility; Pros and Cons; 3 The Pros and Cons of Full Dollarization; 4 Is It Time for a Common Currency for the Americas?; 5 Dollarization: Myths and Realities; 6 What Problems Can Dollarization Solve?; 7 What Use Is Monetary Sovereignty?; One Regime for All Countries?; 8 The OCA Approach to Exchange Rate Regimes: A Perspective on ; Recent Developments9 Dollarization Does Not Make Sense Everywhere; 10 The Problem of Dollar Encroachment in Emerging Markets; 11 Which Countries in the Americas Should Dollarize?; 12 Pressures for Currency Consolidation in Insurance and Finance: Are the Currencies of Financially Small Countries on the Endangered List?; Part II: Political Economy; 13 Monetary Union: The Political Dimension; 14 Latin American Official Dollarization: Political Economy Aspects; 15 The Political Economy of Dollarization in Mexico; 16 Lessons of the Euro for Dollarization: Analytic and Political Economy PerspectivesPart III: North America; 17 North American Currency Integration: A Canadian Perspective; 18 The Merit of a North American Monetary Union; 19 Why Canada Needs a Flexible Exchange Rate; Part IV: Latin America; 20 Should Latin America's Common-Law Marriage to the U.S. Dollar Be Legalized? Should Canada's?; 21 What Exchange Rate Arrangement Works Best for Latin America?; 22 A Dollarization/Free-Banking Blueprint for Argentina; 23 Argentina's Currency Board and the Case for Macroeconomic Policy Coordination in Mercosur24 Cuba: "Dollarization" and "Dedollarization"; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; U; V; W; Y; Z
• Sommario/riassunto: This book takes a global approach by discussing one of today's most controversial topics in business; dollarization. Since the collapse of the Soviet Union, and the formation of the Euro many countries are debating whether or not a common currency is in their best interest.