The Dollarization Debate [Paperback]

Dominick Salvatore (Editor), James W. Dean (Editor), Thomas Willett (Editor)

Book Description

ISBN-10: 019515536X | ISBN-13: 978-0195155365 | Publication Date: March 27, 2003 | Edition: First Trade

This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.

Editorial Reviews

Review

Dollarization is currently a very hot topic and I think the coverage in the media of the pros and cons of dollarization has been confusing and incomplete. This is an important and timely topic; it is useful to summerize the main findings of the research. There has also been a great deal of discussion among policymakers and it is useful toput that discussion in context. This should be a fascinating read for those interested in global macroeconomics and the problems of exchange rate management and stability--Linda Tesar, Professor of Economics, University of Michigan

"Among leading experts contributing to this collection , some advocate dollarization, some advocate fixed exchange rates, and some are flexible. Many adopt the view that all exchange rate regimes have costs as well as benefits, and that the cost-benefit ration will vary across countries."--Business Horizons

About the Author

Dominick Salvatore is at Fordham University. James W. Dean is at Simon Fraser University. Thomas Willett is at Claremont Graduate School.

Product Details

• Paperback: 496 pages
• Publisher: Oxford University Press, USA; First Trade edition (March 27, 2003)
• Language: English
• ISBN-10: 019515536X
• ISBN-13: 978-0195155365
• Product Dimensions: 9.3 x 6.2 x 0.9 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #2,352,485 in Books (See Top 100 in Books)