in what has been regarded as a first step towards the dollarization of the economy, one of President Javier Milei's electoral promises. “As from tomorrow, the prices of goods and services may be ...

In Chile and Mexico, dollarization was already relatively low at the beginning of the decade and has remained fairly stable. In Argentina, dollarization fell to near zero with the policy of deposit ...

Milei rebranded his campaign promise to “dollarize” Argentina's economy as a “currency competition.” The plan will allow the coexistence of the peso, the US dollar, and other currencies ...

Argentina's dollarization proposal is, in fact, an attempt to make policymaking more credible and, thus, lower country risk differentials. From the perspective of the emerging market economy, ...

Without dollarization, Argentina is destined to remain miserable. At the same time that the Fed was pumping money into the economy, U.S. authorities were shutting the economy down. All the talk ...