LEADER 05396oam 22014054 450 001 9910969919403321 005 20250426110526.0 010 $a9786613822574 010 $a9781462313488 010 $a1462313485 010 $a9781452778402 010 $a145277840X 010 $a9781282589926 010 $a128258992X 010 $a9781451908770 010 $a1451908776 035 $a(CKB)3360000000443292 035 $a(EBL)3014492 035 $a(SSID)ssj0000940036 035 $a(PQKBManifestationID)11576137 035 $a(PQKBTitleCode)TC0000940036 035 $a(PQKBWorkID)10939166 035 $a(PQKB)10466364 035 $a(OCoLC)694141175 035 $a(IMF)WPIEE2006082 035 $a(MiAaPQ)EBC3014492 035 $a(IMF)WPIEA2006082 035 $aWPIEA2006082 035 $a(EXLCZ)993360000000443292 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAdopting Full Dollarization in Postconflict Economies : $eWould the Gains Compensate for the Losses in Liberia? /$fLiliana Schumacher, Jiro Honda 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (25 p.) 225 1 $aIMF Working Papers 300 $a"March 2006." 311 08$a9781451863420 311 08$a145186342X 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. PROS OF DOLLARIZATION: ANALYTICAL CONSIDERATIONS AND EMPIRICAL EVIDENCE""; ""III. CONS OF DOLLARIZATION""; ""IV. CHOICES OF CURRENCY REGIMES IN POSTCONFLICT COUNTRIES""; ""V. CONCLUSIONS: IS LIBERIA A CANDIDATE FOR FULL, DE JURE DOLLARIZATION?""; ""References"" 330 3 $aThis paper discusses whether adopting the U.S. dollar as the sole legal tender could help Liberia, a postconflict economy, to boost growth and strengthen fiscal discipline. In view of the performance of exchange rate regimes in many countries and Liberia's own experience with dollarization, we conclude that Liberia should not adopt full dollarization for the following reasons: (i) the alleged benefits voiced by the proponents of dollarization, in terms of enhanced fiscal discipline and faster economic growth, are not supported by the empirical evidence; (ii) dollarization would increase the Liberian economy's vulnerability to external shocks and Liberia's social fragility; (iii) banks in fully dollarized economies face additional capitalization requirements that Liberian banks cannot meet at present; and (iv) dollarization would be costly in terms of real resources because of the loss of seigniorage. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/082 606 $aDollar, American 606 $aMonetary policy$zLiberia 606 $aBanking$2imf 606 $aBanks and Banking$2imf 606 $aBanks and banking$2imf 606 $aBanks$2imf 606 $aCurrencies$2imf 606 $aCurrency$2imf 606 $aDebt Management$2imf 606 $aDebt$2imf 606 $aDepository Institutions$2imf 606 $aDollarization$2imf 606 $aExchange rate arrangements$2imf 606 $aFinance, Public$2imf 606 $aForeign Exchange$2imf 606 $aForeign exchange$2imf 606 $aGovernment and the Monetary System$2imf 606 $aGovernment asset and liability management$2imf 606 $aMicro Finance Institutions$2imf 606 $aMonetary economics$2imf 606 $aMonetary policy$2imf 606 $aMonetary Systems$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMoney$2imf 606 $aMortgages$2imf 606 $aPayment Systems$2imf 606 $aPublic finance & taxation$2imf 606 $aPublic Finance$2imf 606 $aRegimes$2imf 606 $aSovereign Debt$2imf 606 $aStandards$2imf 607 $aLiberia$xEconomic conditions 607 $aLiberia$xEconomic policy 607 $aLiberia$2imf 615 0$aDollar, American. 615 0$aMonetary policy 615 7$aBanking 615 7$aBanks and Banking 615 7$aBanks and banking 615 7$aBanks 615 7$aCurrencies 615 7$aCurrency 615 7$aDebt Management 615 7$aDebt 615 7$aDepository Institutions 615 7$aDollarization 615 7$aExchange rate arrangements 615 7$aFinance, Public 615 7$aForeign Exchange 615 7$aForeign exchange 615 7$aGovernment and the Monetary System 615 7$aGovernment asset and liability management 615 7$aMicro Finance Institutions 615 7$aMonetary economics 615 7$aMonetary policy 615 7$aMonetary Systems 615 7$aMoney and Monetary Policy 615 7$aMoney 615 7$aMortgages 615 7$aPayment Systems 615 7$aPublic finance & taxation 615 7$aPublic Finance 615 7$aRegimes 615 7$aSovereign Debt 615 7$aStandards 700 $aSchumacher$b Liliana$01816335 701 $aHonda$b Jiro$01802746 712 02$aInternational Monetary Fund.$bAfrican Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910969919403321 996 $aAdopting Full Dollarization in Postconflict Economies$94372344 997 $aUNINA LEADER 02665oas 22008773 450 001 9910892717803321 005 20260128110032.0 011 $a2376-6026 035 $a(DE-599)ZDB3074339-4 035 $a(OCoLC)676714119 035 $a(CONSER) 2014202408 035 $a(CKB)954925592441 035 $a(DE-599)2048696-0 035 $a(EXLCZ)99954925592441 100 $a20101101b19901992 uy a 101 0 $aeng 135 $aurbn||||||abp 135 $aurbn||||||ada 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aJournal of the Air & Waste Management Association 210 1$aPittsburgh, PA :$cThe Association,$d1990-©1992. 215 $a3 volumes $cillustrations ;$d29 cm 215 $a1 online resource 300 $aRefereed/Peer-reviewed 311 08$a1047-3289 517 3 $aJournal of the Air and Waste Management Association 606 $aAir$xPollution$vPeriodicals 606 $aAir quality management$vPeriodicals 606 $aHazardous wastes$xManagement$vPeriodicals 606 $aAir Pollution$xprevention & control$vPeriodicals 606 $aHazardous Waste$xprevention & control$vPeriodicals 606 $aAir Pollution$xprevention & control 606 $aHazardous Waste$xprevention & control 606 $aAir$xPollution$2fast$3(OCoLC)fst00802083 606 $aAir quality management$2fast$3(OCoLC)fst00802537 606 $aHazardous wastes$xManagement$2fast$3(OCoLC)fst00952497 608 $aPeriodical. 608 $aPeriodicals.$2fast 608 $aPeriodicals.$2lcgft 615 0$aAir$xPollution 615 0$aAir quality management 615 0$aHazardous wastes$xManagement 615 2$aAir Pollution$xprevention & control 615 2$aHazardous Waste$xprevention & control 615 2$aAir Pollution$xprevention & control. 615 2$aHazardous Waste$xprevention & control. 615 7$aAir$xPollution. 615 7$aAir quality management. 615 7$aHazardous wastes$xManagement. 676 $a628.5/3/05 712 02$aAir & Waste Management Association, 801 0$bOCLCE 801 1$bOCLCE 801 2$bOCLCQ 801 2$bOCLCF 801 2$bOCLCO 801 2$bDLC 801 2$bOCLCS 801 2$bOCLCQ 801 2$bOCLCO 801 2$bOCLCQ 801 2$bVT2 801 2$bOCLCO 801 2$bAU@ 801 2$bOCLCO 801 2$bOCLCA 801 2$bUBY 801 2$bOCLCQ 801 2$bOCLCL 801 2$bOCLCQ 906 $aJOURNAL 912 $a9910892717803321 996 $aJournal of the Air & Waste Management Association$9794266 997 $aUNINA