Global Implications of Dollarizing Economies to Attain Monetary Stability
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Words: 429
Pages: 2
(approximately 235 words/page)
Pages: 2
(approximately 235 words/page)
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showed first 75 words of 429 total
showed last 75 words of 429 total
…had a fixed exchange rate with the US dollar. At the end of the economic boom the government was enjoying an increase in tax revenue which led to increased prosperity and a sufficient reserve. This boom has affected the inflation rates. The risk of inflation is greater now then it was but even with one of the highest inflation rates in Europe, the average inflation of 2.5 percent is not yet cause for alarm. Bibliography none
…had a fixed exchange rate with the US dollar. At the end of the economic boom the government was enjoying an increase in tax revenue which led to increased prosperity and a sufficient reserve. This boom has affected the inflation rates. The risk of inflation is greater now then it was but even with one of the highest inflation rates in Europe, the average inflation of 2.5 percent is not yet cause for alarm. Bibliography none
