Region Focus

Fall 2008

Federal Reserve

Dollarization Explained

by Stephen Slivinski

Related Links

Bogetić, Željko. “Official Dollarization: Current Experiences and Issues.” Cato Journal, Fall 2000, vol. 20, no. 2, pp. 179-223

Feige, Edgar L. and James W. Dean. “Dollarization and Euroization in Transition Countries: Currency Substitution, Asset Substitution, Network Externalities, and Irreversibility,” in Monetary Unions and Hard Pegs, eds. Volbert Alexander, Jacques Mélitz, and George M. von Furstenberg. New York: Oxford University Press: 2004, pp. 303-321.

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