Heterodox
"I have invited an economist that was active in the dollarization of Ecuador to illustrate the wonders of the process." A paper with Santiago Graña on dollarization in Argentina published in the PSL Quarterly Review. From the abstract:Currency substitution defined as the use of foreign currency in the domestic economy is a relatively common phenomenon in developing countries. While mainstream economics has analyzed it in some detail, the same is not the case in heterodox economics. This...
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