As more nations in the Western Hemisphere consider adopting the U.S. dollar as their own major currency, this IMF economist separates fact from fiction concerning dollarization. How will the dollarized nations react to U.S. monetary policy over which they will have no say?
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Find related papers by JEL classification: F3 - International Economics - - International Finance E - Macroeconomics and Monetary Economics O - Economic Development, Technological Change, and Growth P - Economic Systems
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