Dollarization: A Case Study of Ecuador
Abstract
The purpose of this paper is to conduct a cost and benefit analysis of Ecuador’s decision to abandon its domestic currency, the Sucre, with the U.S. dollar in the year 2000. In light of the evidence that will be put forth in this paper, it is argued that official dollarization in the short-run has generated benefits to the economic well being of Ecuador beyond that of an initial stabilizing effect where the costs associated with the regime have had a relatively minor impact thus far.
Full Text: PDF DOI: 10.15640/jeds.v4n2a4
Abstract
The purpose of this paper is to conduct a cost and benefit analysis of Ecuador’s decision to abandon its domestic currency, the Sucre, with the U.S. dollar in the year 2000. In light of the evidence that will be put forth in this paper, it is argued that official dollarization in the short-run has generated benefits to the economic well being of Ecuador beyond that of an initial stabilizing effect where the costs associated with the regime have had a relatively minor impact thus far.
Full Text: PDF DOI: 10.15640/jeds.v4n2a4
Browse Journals
Journal Policies
Information
Useful Links
- Call for Papers
- Submit Your Paper
- Publish in Your Native Language
- Subscribe the Journal
- Frequently Asked Questions
- Contact the Executive Editor
- Recommend this Journal to Librarian
- View the Current Issue
- View the Previous Issues
- Recommend this Journal to Friends
- Recommend a Special Issue
- Comment on the Journal
- Publish the Conference Proceedings
Latest Activities
Resources
Visiting Status
 Today |
719 |
| Yesterday |
268 |
| This Month |
1767 |
| Last Month |
9291 |
 All Days |
1881522 |
 Online |
250 |
