Central banking, monetary policy and the political economy of dollarization / edited by Sylvio Antonio Kappes (Assistant Professor, Federal University of Alagoas, Brazil, Co-Editor, Review of Political Economy and Co-Director, Monetary Policy Institute) and Andrés Arauz (Senior Research Fellow, Center for Economic and Policy Research, USA).

Format:

Book

Contributor:

Kappes, Sylvio Antonio, editor.

Arauz, Andrés, editor.

Edward Elgar Publishing, publisher.

Series:

Elgar series on central banking and monetary policy

The Elgar series on central banking and monetary policy

Language:

English

Subjects (All):

Dollarization.

Banks and banking, Central.

Genre:

Electronic books.

Physical Description:

1 online resource (330 pages)

Place of Publication:

Northampton : Edward Elgar, 2025.

Summary:

"In this prescient book, expert contributors from academic and policymaking circles explore dollarization in both theoretical and practical terms. They provide a fundamental resource for understanding the many forms in which dollarization can occur. Central Banking, Monetary Policy and the Political Economy of Dollarization analyzes important case studies from across continents including Africa, the Americas, Asia, and Europe. Through these findings, the book examines the political economy aspects of dollarization, critically assessing its potential outcomes. Contributors consider the role of central banks in dollarization, and provide a new perspective on the study of the phenomenon for a contemporary readership. This book is beneficial to academics and students focusing on economic disciplines such as financial regulation, banking, political economy and post-Keynesian economics. Central bankers and those working in the financial press will also find it useful"-- Provided by publisher.

Contents:

Contents: Introduction to central banking, monetary policy and the politcal economy of dollarization / Sylvio Kappes and Andrés Arauz

Part I: Theoretical considerations

1. The political economy of dollarization and its disContents: / Sergio Rossi

2. How economic crises have strengthened the role of the United States dollar and its implications for developing economies / Esteban Pérez Caldentey

Part II: Dollarization in Latin America

3. Dollarization and the macroeconomic and fiscal performance of the dollarized countries of Latin America / Cindy Gianella Tutiven Desintonio

4. Financial de-dollarization in argentina - when the wind always blows from the east / Eduardo A. Corso and Máximo Sangiácomo

5. Dollarization, private banking and financial profitability in ecuador / Monika Meireles and Gabriela Rivera

6. Two decades of dollarization in el salvador: Pains and gains in a road less traveled / Juan Carlos Moreno-Brid, Rodrigo Morales-López and Edgar Francisco Pérez-Medina

7. The political economy of panama's dollarized interbank market / Andrés Arauz

Part III: Dollarization in Africa

8. Dollarization in anglophone West African countries: A case study of nigeria and Ghana / Salewa Olawoye and Emmanuel Graham

Part IV: Dollarization in asia

9. Determinants of dollarization in vietnam / Pham Thi Hoang Anh

Part V: Euroization

10. Montenegro and the euro: Implications for policy space / Lara Merling

11. The costs and the resilience of unilateral dollarization: The case of euroization in kosovo / Jean-François Ponsot

12. Why and how to start a national parallel digital currency in Italy, and why it would work - fast / Trond Andresen.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781803925332 (e-book)

Access Restriction:

Restricted for use by site license.