Currency Substitution in Latin America: Lessons from the 1990s
Pedro Gomis-Porqueras · Carlos Serrano · Alejandro Somuano
Jan 2000 · World Bank Publications
Ebook
31
Pages
About this ebook
What causes currency substitution (foreign money substituting for domestic money)? What significance has it had in recent banking crises? And what is the relationship between currency conversion and macroeconmic volatility in Latin America?
What causes currency substitution (foreign money substituting for domestic money)? What significance has it had in recent banking crises? And what is the relationship between currency conversion and macroeconmic volatility in Latin America?
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