Implications of the Application of Dollarization for Macroeconomic Stability

The aim of this paper is to present the costs and benefits of applying dollarization. The most common reason for accepting, in whole or in part, a foreign currency is the presence of a high and volatile inflation rate, which is followed by the significant volatility of the exchange rate, as well as...

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Bibliographic Details
Main Author: Vesna Martin
Format: Article
Language:English
Published: University of Kragujevac 2019-08-01
Series:Economic Horizons
Subjects:
Online Access:https://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2019_2/EH_2019_2_en_6_VM.pdf