This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.
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The Dollarization Debate
The strength of the book is that it brings together most of the major protagonists from the Americas in debates over dollarization and related matters. There is a refreshing variety of views, with no attempt by the editors to impose a party line. (Review of World Economics)
The book is a timely contribution to an important ongoing but unsettled debate. (Review of World Economics)
The book is well-produced by Oxford University Press, with a usable index. On the whole, the collection is a good read with a strong assembly of authors from academia, think tanks, central banks and the private sector. For anybody unfamiliar with the current debates, it is a good introduction to the issues surrounding dollarization in the western hemisphere. (Review of World Economics)
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