V Operational Issues in Dollarized Economies
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Mr. Adam Bennett
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Mr. Eduardo Borensztein
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Mr. Tomás J. T. Baliño https://isni.org/isni/0000000404811396 International Monetary Fund

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Abstract

This section first reviews how monetary policy implementation and payments system arrangements have been adjusted in light of heavy dollarization and then discusses the implications of dollarization for prudential regulation and effective bank supervision, and the central bank’s role of lender of last resort.

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