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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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In the wake of the 2008-09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered unchartered waters. The breadth and scale of central bank operations have been modified or expanded in unprecedented and even unimaginable...
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