Dollarization In El Salvador ... In early 1990's El Salvador reached a peace agreement resolving a civil war. ... Moreover, El Salvador is currently one of ...
First if the there is inflation, people start saving in dollars ... Currency risk before and after ... Loss of patrimony. 2-insurance policy against risk ...
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Full dollarization: one country officially adopting the currency of another for ... Micronesia. Palau. Why Dollarization? Economic instability. High inflation ...
Dollarization practically eliminates the likelihood of currency crises and ... a country is often reluctant to abandon its own currency, a symbol of its ...
Private banknote issue allows official dollarization without importation of US ... 'Counterfeiting will be rampant' Not true: Issuers have strong incentives to stop it ...
real estate, the main collateral for loans has been priced in dollars since 1950's ... through market mechanisms and gradual changes in prudential regulations ...
Under dollarization, El Salvador has effectively ceded control of its monetary ... to compete as a cheap labor economy,' El Salvador's finance minister said. ...
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