How Long to Read What is Driving Financial De-Dollarization in Latin America?

How Long Does it Take to Read What is Driving Financial De-Dollarization in Latin America??

It takes the average reader and 26 minutes to read What is Driving Financial De-Dollarization in Latin America? by Ms. Mercedes Garcia-Escribano

Assuming a reading speed of 250 words per minute. Learn more

Description

In the last decade, a group of Latin American countries (Bolivia, Paraguay, Peru, and Uruguay) experienced a gradual, yet sustained decline in financial dollarization. This paper documents the stylized facts and uses a standard VAR approach to examine the drivers of both deposit and credit de-dollarization. It finds that the exchange rate appreciation has been a key factor explaining deposit de-dollarization. The introduction of prudential measures to create incentives to internalize the risks of dollarization (including an active management of reserve requirement differentials), the development of a capital market in local currency, and de-dollarization of deposits have all contributed to a decline in credit dollarization. Continuing efforts on these fronts, while maintaining macroeconomic stability and strong fundamentals, would help deepening de-dollarization.

How long is What is Driving Financial De-Dollarization in Latin America??

What is Driving Financial De-Dollarization in Latin America? by Ms. Mercedes Garcia-Escribano is 26 pages long, and a total of 6,656 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read What is Driving Financial De-Dollarization in Latin America? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 36 minutes to read What is Driving Financial De-Dollarization in Latin America? aloud.

What Reading Level is What is Driving Financial De-Dollarization in Latin America??

What is Driving Financial De-Dollarization in Latin America? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy What is Driving Financial De-Dollarization in Latin America??

What is Driving Financial De-Dollarization in Latin America? by Ms. Mercedes Garcia-Escribano is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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