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  • 标题:Official dollarisation/euroisation: motives, features and policy implications of current cases
  • 本地全文:下载
  • 作者:Adalbert Winkler ; Francesco Mazzaferro ; Carolin Nerlich
  • 期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
  • 印刷版ISSN:1830-3420
  • 电子版ISSN:1830-3439
  • 出版年度:2004
  • 出版社:European Central Bank
  • 摘要:The adoption by one country of another country’s currency has its place in the history of the world economy, but had for a long time fallen out of fashion. This has changed in recent years, mainly owing to the currency crises faced by several emerging market economies in the second half of the 1990s. As eliminating the exchange rate through the outright adoption of another currency would eradicate the potential for a currency crisis, official and unilateral dollarisation/euroisation has become a common policy advice.1
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