Economics, Econometrics and Finance
3 years ago

Dollarization Emerges as Market-Friendly Solution to Capital Flow Crises

2 views
RePEc: Research Papers in Economics
Capital Flow Reversals,the Exchange Rate Debate,and Dollarization
Carmen Reinhart, Guillermo A. Calvo

Paper Summary

Emerging market economies are looking for ways to protect themselves from sudden stops in capital flows during crises. While capital controls have been discussed, dollarization could be a more long-term and market-friendly solution.

Related papers

Economics, Econometrics and Finance
4 years ago

Study reveals private loans as risky as portfolio investments in emerging markets

International Finance
Macroeconomic Analysis
Sovereign Wealth
1 view
Economics, Econometrics and Finance
4 years ago

Global factors drive simultaneous capital flow crises, challenging policy responses.

International Finance
Macroeconomic Analysis
Oil Price Shocks
Economics, Econometrics and Finance
4 years ago

Capital controls may not protect economies from banking crises and sudden stops.

International Finance
Banking Finance