It is possible, however, that no reliable aggregate can be found. This problem, which is by no means confined to dollarized economies, brings into question the policy of monetary targeting as opposed ...

Economic growth in all three countries is projected ... because countries cannot print money to cover their budget deficits. But in all the dollarised three, deficits were sizeable last year ...

Anita Pouchard Serra for The New York Times It was a tongue-in-cheek demonstration, Mr. Capobianco said, that “we already live in a dollarized economy.” Not yet. Mr. Milei, 53, an economist ...

In a fully dollarized economy, the central bank also loses its role as the lender of last resort for its banking system. While it may still be able to provide short-term emergency funds from held ...

Economists at Capital Economics wrote in an August note that dollarized countries El Salvador, Panama and Ecuador show “markedly lower inflation than elsewhere in the region.” Kimberley ...

Mexico also has a relatively dollarised economy due to the high levels of cross border integration with the US, as Mexico increasingly becomes the US' workshop. However, there are some political ...

The International Monetary Fund (IMF) has cautioned economic managers on the dangers of dollarising the economy, saying it could be difficult to reverse. As a partially dollarised economy ...

Millicom (Tigo) Strengthens South American Leadership with USD 380 Million Acquisition of Telefónica Ecuador The acquisition reinforces Millicom’s strategic position and operating scale in Latin ...

Milton friedman looms large in the personal and political life of Argentina’s probable next president. Javier Milei’s ideas, which carried him to an unexpected victory in the country’s ...

formally reaffirming the US dollar as the country's sole official means of payment amid a looming presidential election and growing concerns about potential alternatives to the dollarised economy ...