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Economic Commentary

Dollarization: What's in IT for US

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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.

10.15.2002ISSN 2163-3738 EC 10/15/2002

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Altig, David. 2002. “Dollarization: What's in IT for US.” Federal Reserve Bank of Cleveland, Economic Commentary 10/15/2002.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International