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Latin America and the Dollar Bloc in the Twenty-first Century

To Dollarize or Not

Bibliographic Data

ID3017982
AuthorsKenneth P Jameson (corresponding author)
Year2001
Volume43
Issue4
Pages1-35
Publication date2001-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueLatin American Politics and Society (JOURNAL)
Journal identifiersISSN: 1531-426X • E-ISSN: 1548-2456
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1111/j.1548-2456.2001.tb00186.x
OpenAlexW1967400205
LanguageEN
Citations received9
References cited23

The choice of exchange rate regime is a continuing challenge to Latin American policymakers, who currently face pressure to dollarize their economies. The constraints imposed by the "dollar bloc," the informal but powerful currency bloc that ties Latin America to the dominant currency, are central to that choice. Current weak economic performance has called the bloc's norms and principles into question and has made the exchange rate an open issue. Ecuador's full official dollarization is one possible strategy for countries with political stability but poor economic performance to gain access to needed dollar resources. Most of Latin America, however, will continue with variants of managed floating exchange rates, and the periodic foreign exchange crises will provide access to official dollar resources and facilitate renegotiation of the terms of outstanding debt

Currency · Debt · Economics · Exchange rate · International economics · Latin Americans · Liberian dollar · Macroeconomics · Monetary economics · Political science · Politics · Us dollar · Economic Theory and Policy · Global Financial Crisis and Policies · International Development and Aid · Finance

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Unique citing works9
Citations per year0,36
Citation span2001 - 2025 (25)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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