Dollarization

Francisco Zalles, an economist who played a pivotal role in Ecuador’s dollarization in 2000, shared with Bloomberg that U.S. dollars would likely return to Argentina once it makes the currency switch but it cannot rely solely on dollarization to salvage its economy, Business...

The pro-Libertarian presidential frontrunner of Argentina Javier Milei wants to do away with the peso for “dollarization.” But economist Paul Krugman has a different take. Milei believes dollarization is essential to tackle the 113% inflation rate. Economist Emilio Ocampo, an adviser to...