English
Alternative spellings
dollarisation
Noun
dollarization
#The process of a country adopting the US dollar as its primary currency.
Quotations
2002 - New faces of Andean politics in The Economist (U.S. Edition) October 26, 2002
:Making dollarisation work requires structural reform, something President Noboa has failed to achieve. Ecuador's businesses are struggling against high costs. The public finances face a shortfall. A new agreement with the IMF has proved elusive. Neither candidate says he would scrap the dollar, but neither says much about reform.
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