Jump to ContentJump to Main Navigation
The Dollarization Debate$
Users without a subscription are not able to see the full content.

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

Show Summary Details
Page of

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

What Use Is Monetary Sovereignty?

What Use Is Monetary Sovereignty?

7 What Use Is Monetary Sovereignty?
The Dollarization Debate

Kurt Schuler

Oxford University Press

This chapter discusses the meaning, purpose, scope, and expected benefits of monetary sovereignty. Monetary sovereignty has become the focus of recent debates on dollarization, currency boards, and monetary unions. Concerns have been raised that replacing a national central bank with any of these monetary systems would reduce national monetary sovereignty, and by association, political sovereignty. It is argued that monetary sovereignty has been harmful for most developing countries because the rhetoric of sovereignty fails to distinguish between political, consumer and monetary sovereignty.

Keywords:   monetary sovereignty, dollarization, developing countries, political sovereignty, consumer

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .