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Dollarization, Currency Blocs, and U.S. Policy

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Emerging markets around the world are ceding monetary sovereignty for the sake of price stability. Latin American countries are considering adopting the dollar as official currency. Potential EU members face similar decisions with the euro. This study analyzes the effects of this dollarization.

Paperback

First published December 1, 2002

About the author

Adam S. Posen

11 books5 followers

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