'Dollarisation' - Linchpin of the New International Financial Architecture

Central Banking, Vol. IX, No. 4, May 1999

3 Pages Posted: 21 Jan 2013

See all articles by Steve H. Hanke

Steve H. Hanke

Johns Hopkins University - Department of Economics

Date Written: 1999

Abstract

In this paper I argue that the best strategy for many developing countries is to abolish their own currencies and make all foreign currencies legal tender. But he warns against signing treaties with the US.

Keywords: Dollarization, Steve Hanke, Central Banking, Dollarisation, Currency Boards

Suggested Citation

Hanke, Steve H., 'Dollarisation' - Linchpin of the New International Financial Architecture (1999). Central Banking, Vol. IX, No. 4, May 1999. Available at SSRN: https://ssrn.com/abstract=2204630

Steve H. Hanke (Contact Author)

Johns Hopkins University - Department of Economics ( email )

3400 Charles Street
Baltimore, MD 21218-2685
United States
410-516-7183 (Phone)
410-516-8996 (Fax)

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