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Dollarization - the holding by residents of a substantial portion of their assets in foreign …- when the monetary sector is dollarized, and it considers the implications that dollarization has for the design of IMF …
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This chapter reports on Coordinating Group on Exchange Rate Issues' (CGER) works and provides perspectives on alternative frameworks for assessing exchange rates and the rationale for CGER's general approach. The primary motivation for the work of the CGER is to identify cases where exchange...
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