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Jameson, Kenneth P. | Dollarization in Latin America: wave of the future or flight to the past? | Ecuador undertook official dollarization in 2000 when it destroyed its own currency, the sucre, and adopted the dollar. El Salvador converted all financial instruments to dollars, and Guatemala now allows transactions to be carried out in any currency. Both assumed that the dollar would soon displac... | Domestic currencies; Latin America; Dollarization | 2003 |
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