As expected, the Fund's Board of Directors approved the review of Argentina's program, although it made it clear that Massa failed to meet all goals. The IMF applauds the fiscal effort promised by...
Managing Systemic Liquidity Risk in Financially Dollarized Economies
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Managing Systemic Liquidity Risk in Financially Dollarized Economies
Kiguel, 2005.
Dollarized economies have experienced in recent years a number of severe banking and currency crises in which runs on bank deposits, mainly dollar deposits, have played a major role.