The Limits to Dollarization in Ecuador: Lessons from Argentina
The paper draws lessons from the failed Argentine experience with convertibility to highlight the dangers of dollarization in Ecuador. Argentinas currency peg to the US dollar was successful in reducing inflation but given the overvalued real exchange rate, created burgeoning twin deficits and a chr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University Library System, University of Pittsburgh
2015-08-01
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| Series: | Journal of World-Systems Research |
| Online Access: | http://jwsr.pitt.edu/ojs/index.php/jwsr/article/view/403 |