Format:
Online-Ressource (50 p)
Edition:
Online-Ausg.
ISBN:
1455202223
,
9781455202225
Series Statement:
IMF Working Papers Working Paper No. 10/188
Content:
This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities’ intention is to gain greater control of monetary policy and draws on the experiences of countries that have successfully dedollarized. Unlike previous work on the subject, this paper examines both macroeconomic stabilization policies and microeconomic measures, such as prudential regulation of the financial system. This study is also the first attempt to make extensive use of the foreign exchange regulation data reported in the IMF’s Annual Report on Exchange Arrangements and Exchange Restrictions. The main conclusion is that durable dedollarization depends on a credible disinflation plan and specific microeconomic measures
Additional Edition:
Erscheint auch als Druck-Ausgabe Kokenyne, Annamaria Dedollarization Washington, D.C. : International Monetary Fund, 2010 ISBN 9781455202225
Language:
English
DOI:
10.5089/9781455202225.001