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Persistent link: https://www.econbiz.de/10010614812
Financial dollarization in Bolivia is near complete (over 90% of total deposits and loans). The paper gives an inventory of the problems caused by de facto dollarization to actual policy making. The phenomenon has deep roots and was engendered by high inflation that reached hyperinflationary...
Persistent link: https://www.econbiz.de/10010614823