Journal Article

Dollarization: what's in it for US?


Abstract: Should the United States care if other countries abandon their own currencies and adopt the dollar? Dollarization imparts benefits to the United States as well as costs, and these ought to be weighed as we decide what to do about the growing number of countries turning to dollarization or considering it.

Keywords: Dollar, American; Currency convertibility;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 2002

Issue: Oct

Order Number: 2