Purpose This paper analyses the possibility of Latin America's (LA) major economies adopting dollarization, considering … currency, the author uses the framework of optimum currency area (OCA) theory, since, in fact, dollarization is an incomplete … LA nations, the dollarization debate has resurfaced in recent years. However, the literature that empirically evaluates …

apparent paradox between a decade of economic and political improvements and continued dollarization, and drawing policy … host of institutional barriers that need to be overcome to prepare the groundwork for a natural process of de-dollarization. …

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 size of dollarization, the … factors, macroeconomic conditions, and the dynamics of money demand In shaping the dollarization process; it also highlights …

projected probability of sudden stops affects the level of dollarization, and provide estimates for the effect of dollarization …

he opposed currency board regimes or outright dollarization. Nothing could be further from the truth. Over a period of … for developing nations. In fact, he was one of the earliest advocates of dollarization for countries suffering from high … advantages and disadvantages of dollarization and currency boards took place in 1973 in Washington, D.C., during a Congressional …

inflation. To be effective, dollarization must generate sufficient credibility, which in turn depends critically on whether its … presidential election several options, including dollarization, are being discussed to stabilize prices and put the economy on a … affairs to a foreign jurisdiction. The paper explores whether dollarization can fulfill such role given Argentina's history of …