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GLIM WORKING PAPER SERIES

WANT DOLLARIZATION ?

NO! NO!

Sundara B Reddy

GREAT LAKES INSTITUTE OF MANAGEMENT
South Mada Street, Srinagar Colony,
Saidapet, Chennai
July 2004

We are indebted to Lakshmi Kumar, Bala V Balachandran, Gulshan, Shishir, Praveen for useful comments and suggestions. Of course, we are solely responsible for any shortcomings. The views expressed herein are those of the authors and not necessarily those of the Great Lakes Institute of Management.

© 2004 by Sundara B Reddy. All rights reserved. Short sections of text, not to exceed
two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source.

Want Dollarization? No! No!
Sundara B Reddy
GLIM Working Paper
July 2004
JEL No. E42, F41, F42

ABSTRACT

This paper discusses major analytical aspects of dollarization and their practical implications. We develop a simple model to stress that dollarization implies the loss......

View the rest of this paper...

Approximate Word Count: 1639
Approximate Pages: 7 (250 words per double-spaced page)

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