Financial Stability in Dollarized Economies
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| Author: | Anne Ms. Gulde, David Mr. Hoelscher, Alain Mr. Ize, David Mr. Marston, Gianni Mr. De Nicoló | ISBN: | 9781452797755 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | June 15, 2004 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Anne Ms. Gulde, David Mr. Hoelscher, Alain Mr. Ize, David Mr. Marston, Gianni Mr. De Nicoló |
| ISBN: | 9781452797755 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | June 15, 2004 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
This paper addresses the challenges to prudential supervision in highly dollarized economies, where central banks and supervisors may be constrained in the use of standard money and financial policy tools. The study’s conclusions are the basis of an ongoing policy dialogue with IMF member countries, standard-setters in the financial area, and academia. The paper is part of the policy development work conducted by the IMF’s Monetary and Financial Systems Department.
This paper addresses the challenges to prudential supervision in highly dollarized economies, where central banks and supervisors may be constrained in the use of standard money and financial policy tools. The study’s conclusions are the basis of an ongoing policy dialogue with IMF member countries, standard-setters in the financial area, and academia. The paper is part of the policy development work conducted by the IMF’s Monetary and Financial Systems Department.
