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Dollarization

Title: Dollarization
Category: /Literature/English
Details: Words: 2320 | Pages: 8 (approximately 235 words/page)
Dollarization
In the aftermath of global economic crises in Asia and Russia to threats of default by Latin American nations, there is a pursuit for better monetary arrangements that are more crisis proof. At the root of many of these problems has been policy; resulting in problems such as hyperinflation. Gradually monetary policy worldwide has progressed from fixed rates to flexible rates with the intention of developing a strategy focused on inflation targeting. Recently, however, there …showed first 75 words of 2320 total…
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