
Dollarization in Latin America : Recent Evidence and Some Policy Issues »
Journal Issue
Volume/Issue: 1996/4
Series: IMF Working Papers
Author(s): Miguel Savastano
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1996
DOI: http://dx.doi.org/10.5089/9781451841992.001
ISBN: 9781451841992
Keywords: dollarization, foreign currency, inflation, high inflation
This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative...