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The Dollarization Debate$
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Dominick Salvatore, James W. Dean, and Thomas D. Willett

Print publication date: 2003

Print ISBN-13: 9780195155358

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0195155351.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 27 September 2020

The Political Economy of Dollarization in Mexico

The Political Economy of Dollarization in Mexico

(p.266) 15 The Political Economy of Dollarization in Mexico
The Dollarization Debate

Nancy Neiman Auerbach

Aldo Flores‐Quiroga

Oxford University Press

This chapter examines the dollarization debate in Mexico. It explains the political economy of dollarization by disaggregating interests among key domestic actors, and considering the policymaking context, i.e. the status quo. It argues that the costs and benefits of dollarization must be assessed in the specific context of current Mexican politics to make sense of the debate.

Keywords:   Mexico, dollarization, currency, monetary policy

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