Iv. Would It Have Been a Solution for Argentina? ...................15 I. Chronology of Argentine Events Ii. Definition of Dollarization
نویسنده
چکیده
.................................................................................................................2 I. CHRONOLOGY OF ARGENTINE EVENTS .....................................................3 II. DEFINITION OF DOLLARIZATION ................................................................5 OFFICIAL, SEMI-OFFICIAL AND UNOFFICIAL DOLLARIZATION. ...................................6 ARGENTINE SITUATION. ..............................................................................................7 OFFICIAL DOLLARIZATION: HOW IT WORKS. ..............................................................7 UNILATERAL AND BILATERAL DOLLARIZATION. ........................................................9 III. ADVANTAGES AND DISADVANTAGES OF DOLLARIZATION............10 ADVANTAGES. ..........................................................................................................11 DISADVANTAGES. .....................................................................................................12 IV. WOULD IT HAVE BEEN A SOLUTION FOR ARGENTINA?...................15 TRANSACTION COSTS. ...............................................................................................15 DEVALUATION RISK. .................................................................................................15 INFLATION CONTROL.................................................................................................17 BALANCE OF PAYMENT. ............................................................................................17 V. CONCLUSION......................................................................................................17 BIBLIOGRAPHY......................................................................................................18
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