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A. Armas, A. Ize, E. Levy-Yeyati - Financial Dollarization, Inbunden

Inbunden, Engelska, 2006

Financial Dollarization

The Policy Agenda

Av A. Armas, A. Ize, E. Levy-Yeyati

Del i serien Procyclicality of Financial Systems in Asia

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Beskrivning
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.
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ADRI N ARMAS is Head of the Economic Studies Department of the Central Bank of Peru, where he has spent his entire career. Previously he occupied the position of Head of the Monetary Policy Division. He participated in the design and implementation of Peru's inflation targeting scheme and has written articles on this subject for the IMF, ECB and BIS. ALAIN IZE has worked at the IMF since 1985, first in the Fiscal Affairs Department, and since 1992 in the Monetary and Financial Systems Department. Previous to joining the Fund, he was a Professor in the Economics Department of El Colegio

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'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

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