Comments on “Full Dollarization: The Case of Panama” by Goldfajn and Olivares
نویسنده
چکیده
From the viewpoint of the United States, or from the viewpoint of Brazil, Panama looks like a small country. But if we are to examine the historical experience with official dollarization, we must necessarily look at small countries. Indeed, as Goldfajn and Olivares (2000) point out, Panama has until now been the largest dollarized country. For this reason, the research strategy represented by this paper is exactly the right one.
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