Publication: Deposit Dollarization : What's Happening, What Can Be Done?
Date
2004-09
ISSN
Published
2004-09
Author(s)
Honohan, Patrick
Abstract
Around the world-not just in Latin
America -central bankers are looking uneasily at the growing
share of foreign currency-denominated deposits in their
banking systems. They have a sense that these deposits may
not be a good thing, or at least may be a symptom of
weaknesses in their financial structures or policies. In
some countries spontaneous dollarization of the banking
system has long been extensive and well known; in other
countries it has been a creeping affair.
Citation
“Honohan, Patrick. 2004. Deposit Dollarization : What's Happening, What Can Be Done?. PREM Notes; No. 92. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/9d981fe8-3992-5fec-8e02-bc05a4a76b49 License: CC BY 3.0 IGO.”