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Dolarización y desdolarización financiera en el nuevo milenio

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  • Eduardo Levy Yeyati

Abstract

La dolarización, en sus múltiples variantes, es crucial para entender la macroeconomía latinoamericana, así como la de muchos países en desarrollo. Este estudio discute y repasa con datos su evolución desde 2000 en América Latina y las lecciones aprendidas de los varios intentos desdolarizadores en la región, en función de tres criterios: 1) las que atacan sus motores macroeconómicos, 2) las medidas microeconómicas que disuaden al inversor de dolarizar sus pasivos y activos financieros, y 3) las regulaciones que afectan la elección de la moneda extranjera como medio de pago o unidad de cuenta. El estudio ejemplifica con siete casos que pueden considerarse paradigmáticos de las distintas dolarizaciones: Bolivia, Perú, Uruguay, Costa Rica, El Salvador, Ecuador y Venezuela.

Suggested Citation

  • Eduardo Levy Yeyati, 2021. "Dolarización y desdolarización financiera en el nuevo milenio," Documentos de trabajo 19459, FLAR.
    • Handle: RePEc:col:000566:019459
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    References listed on IDEAS

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    1. Mr. Adolfo Barajas & Mr. Armando Méndez Morales, 2003. "Dollarization of Liabilities: Beyond the Usual Suspects," IMF Working Papers 2003/011, International Monetary Fund.
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    Cited by:

    1. Eduardo Corso & Maximo Sangiacomo, 2023. "Financial De-Dollarization in Argentina. When the Wind Always Blows from the East," BCRA Working Paper Series 2023106, Central Bank of Argentina, Economic Research Department.
    2. Eduardo Ariel Corso & Máximo Sangiacomo, 2021. "Desdolarización financiera en Argentina. Cuando el viento siempre sopla del Este," Asociación Argentina de Economía Política: Working Papers 4458, Asociación Argentina de Economía Política.

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