Argentine Convertibility

Is It a Relevant Precedent for the Dollarization Process in Ecuador?

Format *
Latin America has had a great deal of experience with anti-inflationary policies based on different types of exchange-rate 'anchors'. However, the Argentine convertibility as well as dollarization in Ecuador go further in this direction, adopting a very strict monetary rule in the first case and giving up the emission of its own currency in the second. This publication identifies the effects that the convertibility system has had on the Argentine economy and on the functioning of the banking system. It also evaluates the extent to which the Argentine experience is relevant to the Ecuadorian dollarization process.
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Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211213126
Print Publication Date
Page Count
44
Print Sales Number
01.II.G.104
Series Title
Estudios Estadísticos y Prospectivos

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