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Research Article | Open Access
Volume 7 | Issue 5 | Year 2020 | Article Id. IJHSS-V7I5P108 | DOI : https://doi.org/10.14445/23942703/IJHSS-V7I5P108

Dollarization – A Case Study of Panama, Ecuador, and El Salvador

Prof. (Dr.) Deepak Havaldar

Citation :

Prof. (Dr.) Deepak Havaldar, "Dollarization – A Case Study of Panama, Ecuador, and El Salvador," International Journal of Humanities and Social Science, vol. 7, no. 5, pp. 69-71, 2020. Crossref, https://doi.org/10.14445/23942703/IJHSS-V7I5P108

Abstract

This paper observes the effect of dollarization for Panama, Ecuador, and El Salvador. As economists agree that the countries which were facing recession, hyperinflation, and higher interest rates were successful in reducing the interest rates, hyperinflation, and interest rates and successful in increasing foreign investment flow once they go for dollarization.

Keywords

Currency Board Arrangement, Dollarization, Hyperinflation, Monetary Policy, Risk Prima

References

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