Dollarization:Demand of time or the result of mismanagement of economy

-, Anurag (2012): Dollarization:Demand of time or the result of mismanagement of economy.

Abstract

This paper tries to evaluate costs and benefits of the dollarization and clears some basic understanding about dollarization. This paper provides the empirical evidence for the determinants of dollarization and finds that underlying vulnerability of economic system leads to dollarization and dollarization is feasible in small economies and only at inflationary environment

• Item Type: MPRA Paper
• Language: English
• Keywords: Dollarization, vulnerability, inflation, institution
• Subjects: E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy; F - International Economics > F5 - International Relations, National Security, and International Political Economy > F55 - International Institutional Arrangements; F - International Economics > F6 - Economic Impacts of Globalization > F62 - Macroeconomic Impacts

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