Dollarization and Monetary Unions: Implementation Guidelines.

摘要

The purpose of this paper is to discuss the main aspects of the implementation of a dollarization plan or of a monetary union, once the appropriate authorities have decided either course of action. Thus, the paper stays away from any normative issues. It is devoted to answering the question of how to dollarize or form a monetary union rather than the question of whether any given country should adopt any particular monetary regime.