Session 5: Innovations in Private and Multilateral Lending - Dollars, Debt, and the IFIs: Dedollarizing Multilateral Lending* »
Series: Seminar Volumes
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2005
Keywords: Deficit financing, Budget deficits, exchange rate, public debt, foreign assets, current account, foreign liabilities
Introduction Financial dollarization (FD) has been placed increasingly at the forefront of the policy debate in many emerging economies, driven by concerns about the currency imbalan...