Examples
“The "dollarization" of the economy - which has seen foreign currencies replace the Zim dollar - has helped to curb inflation and shelves in shops are now full.”
“The idea of "dollarization" has been mulled over even in Mexico, where nationalist fear of domination by the United States runs particularly hot.”
“He will find it difficult to push through the reforms necessary to make "dollarization" work in the long run.”
“It has resumed reporting due to "the effective 'dollarization' of the economy in 2009, the end of hyperinflation and the stabilization of the Zimbabwean economy.”
“Funes says that "dollarization" and the adoption of the Central American Free Trade Agreement in 2006 have had negative effects such as inflation and unfavorable competition for small-scale farmers but that it is too late to scrap these policies.”
“The ruling party has generally resisted normalization with international finance, but it has now endorsed "dollarization" and has also removed price and foreign currency controls.”
“Moreover, in an era of dollarization of other economies, one could say that Panama was the pioneer.”
“Easing may not be an option in countries with higher inflation or heavy dollarization.”
The Huffington Post: Nicolás Eyzaguirre: Latin America: What's Ahead in 2012?
“Faced with strong portfolio dollarization, we think they seem to be communicating that more controls are coming, Nomura Securities strategist Boris Segura said in a report.”
The Wall Street Journal: Argentina Moves to Stem Capital Flight
“The costs depend -- more than is generally understood -- on the institutional framework in each country: things like the exchange rate regime, the degree of dollarization of the economy, and the credibility of the central bank.”
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