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2006 | OriginalPaper | Chapter

Financial Dollarization: An Overview

Authors : Adrián Armas, Alain Ize, Eduardo Levy Yeyati

Published in: Financial Dollarization

Publisher: Palgrave Macmillan UK

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This volume presents a collection of essays, comments and discussions on the roots, risks and policy implications of de facto financial dollarization. The book’s analysis and conclusions are founded in an extensive survey of the theoretical and empirical literature — as well as original contributions — on the causes and risks of financial dollarization. Based on these insights and a close review of some country case studies, the book draws lessons for policy management in highly dollarized environments.

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