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 …

) high levels of dollarization. Previous studies on dollarization in Cambodia have largely focused on examining its causes … and estimating seigniorage losses. As an attempt to further explore the effects of dollarization in Cambodia, this paper …