Showing 1 – 3 of 3 results.
Curated
Dollarization as a Monetary Arrangement for Emerging Market Economies (ICPSR 1250)
Released/updated on: 2002-03-08
Official dollarization refers to the adoption of the United States dollar as legal tender in place of the national currency. Some Latin American countries have recently dollarized, and others have seriously considered dollarization. This article discusses the reasons behind the surge of interest in dollarization and provides a review of the new academic literature on the topic. It discusses in detail some of the factors that are commonly considered to be the important costs and benefits of dollarizing. The paper also provides an analysis of the existing liability dollarization in several countries and its relation with official dollarization. Finally, it briefly looks at dollarization from the perspective of the United States.
Curated
Creation of the Euro and the Role of the Dollar in International Markets (ICPSR 1247)
Released/updated on: 2001-10-31
Geographic coverage: United States, Europe, Global
Through the post-World War II period, the United States dollar has been the leading currency used in international trade and debt contracts. With the creation of the euro, the dollar may finally face a challenge to its dominance in international markets. This article examines the likely effects of the euro on the international use of the dollar. Moreover, the article considers the implications for the United States and the euro area of a rise in the use of the euro and consequent fall in the use of the dollar internationally.
Curated
Question of Measurement: Is the Dollar Rising or Falling? (ICPSR 1160)
Released/updated on: 1998-08-27
The data examine the way in which exchange rate indexes are constructed and some factors that might account for the contrasting views of the dollar.