the presumption that the pound sterling continued to dominate the U.S. dollar in central bank reserves until after World … War II, we show that the dollar first overtook sterling in the mid-1920s. This suggests that the network effects thought … our understanding of interwar monetary history but also for the prospects of the dollar and the euro as reserve currencies …

the presumption that the pound sterling continued to dominate the U.S. dollar in central bank reserves until after World … War II, we show that the dollar first overtook sterling in the mid-1920s. This suggests that the network effects thought … our understanding of interwar monetary history but also for the prospects of the dollar and the euro as reserve currencies …

This paper examines if dollarization has had a positive impact on the macroeconomic stability of Latin American … countries. Dollarization refers to either the official or unofficial replacement of local currencies with the U.S. dollar …. Currently four Latin American countries are officially dollarized and the rest experience varying levels of unofficial …