Financial Stability in Dollarized Economies
This paper addresses the challenges to prudential supervision in highly dollarized economies, where central banks and supervisors may be constrained in the use of standard money and financial policy tools. The studyâ€™s conclusions are the basis of an ongoing policy dialogue with IMF member countries, standard-setters in the financial area, and academia. The paper is part of the policy development work conducted by the IMFâ€™s Monetary and Financial Systems Department.
|Date of creation:||15 Jun 2004|
|Date of revision:|
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