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Currency substitution in a de-dollarizing economy: the case of Russia [PDF]
Currency substitution, the use of foreign money to finance transactions between domestic residents, is a common feature of emerging market economies.Currency substitution reduces the stability of money demand functions in ways that can seriously undermine central bank credibility and its efforts to implement monetary policy.Most transition economies ...
Harrison , Barry, Vymyatnina, Yulia
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BRICS in the context of the de-dollarization of the global economy
JOURNAL OF MONETARY ECONOMICS AND MANAGEMENTThe article analyzes the role of BRICS in the process of de-dollarization of the global economy. The unification of the BRICS countries plays a significant role in shaping the new global economic order. De-dollarization, as a key aspect of this strategy, is aimed at reducing dependence on the US dollar in international settlements and creating ...
Valeriya Ivanova, Irina Solomatina
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Dollarization, inflation and foreign exchange markets: A cross‐country analysis
International Journal of Finance and Economics, 2022Hail Park, Jong Chil Son
exaly
Lessons from Latin America Dollarization in the Twenty First Century
Economists' Voice, 2023Nicolas Cachanosky
exaly
PERSPECTIVES AND STRATEGIES OF DE-DOLLARIZATION IN THE MERCOSUR COUNTRIES
Экономика и предпринимательствоВ статье освещаются проблемы, связанные с зависимостью от доллара в странах Меркосур, и выступает за дедолларизацию как ключевую стратегию повышения экономической стабильности. В ней исследуются последствия волатильности доллара в регионе и предполагается, что переход на местные валюты укрепит экономическую автономию.
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Partial dollarization and financial frictions in emerging economies
Review of International Economics, 2023Bo Yang
exaly

