Funciones del Banco Central del Ecuador en dolarización a oficial de la economía

The application of a process of official dollarization of an economy means much more than a variation in the monetary regime or in the exchange rate regime, it actually means the implementation of a new economic system that goes beyond the monetary and exchange scope and that It has strong implicati...

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Detalles Bibliográficos
Autores: Hidalgo, Francisco, Naranjo, Marco P
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2002
País:Ecuador
Institución:Banco Central del Ecuador
Repositorio:Revista Cuestiones Económicas
Idioma:español
OAI Identifier:oai:estudioseconomicos.bce.fin.ec:article/218
Acceso en línea:https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/218
Access Level:acceso abierto
Palabra clave:Proceso de dolarización
Régimen monetario
Dolarización oficial
Descripción
Sumario:The application of a process of official dollarization of an economy means much more than a variation in the monetary regime or in the exchange rate regime, it actually means the implementation of a new economic system that goes beyond the monetary and exchange scope and that It has strong implications for public finances, foreign trade, competitiveness, real investment, growth, interest rates, inflation, sovereign risk, the financial sector, etc. The official dollarization of an economy. therefore, it should not be considered as an alternative exchange regime, similar to the previous ones applied; such as, for example, mini devaluations, discretionary devaluations, controlled floating, exchange rate bands, among others, because, objectively, in official dollarization there is no exchange rate in the strict sense.