Coverart for item
The Resource Peru : Drivers of De-dollarization, Mercedes Garcia-Escribano

Peru : Drivers of De-dollarization, Mercedes Garcia-Escribano

Label
Peru : Drivers of De-dollarization
Title
Peru
Title remainder
Drivers of De-dollarization
Statement of responsibility
Mercedes Garcia-Escribano
Creator
Author
Subject
Genre
Language
eng
Summary
Peru has successfully pursued a market-driven financial de-dollarization during the last decade. Dollarization of credit and deposit of commercial banks - across all sectors and maturities - has declined, with larger declines for commercial credit and time and saving deposits. The analysis presented in this paper confirms that de-dollarization has been driven by macroeconomic stability, introduction of prudential policies to better reflect currency risk (such as the management of reserve requirements), and the development of the capital market in soles. Further de-dollarization efforts could focus on these three fronts. Given the now consolidated macroeconomic stability, greater exchange rate flexibility could foster de-dollarization; additional prudential measures could further discourage banks' lending and funding in foreign currency; while further capital market development in domestic currency would help overall financial de-dollarization
Member of
Cataloging source
DcWaIMF
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Garcia-Escribano, Mercedes
Government publication
international or intergovernmental publication
LC call number
K4452.I57
LC item number
G373 2010 ONLINE
Literary form
non fiction
Nature of contents
dictionaries
Series statement
IMF Working Paper
Series volume
WP/10/169
http://library.link/vocab/subjectName
  • Central Banking
  • De-Dollarization
  • Financial Institutions and Services: General
  • Financial Institutions and Services: Government Policy and Regulation
  • Foreign Currency
  • Foreign Exchange
  • Peru
Label
Peru : Drivers of De-dollarization, Mercedes Garcia-Escribano
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2010169
Dimensions
unknown
Extent
1 online resource (28 pages)
Form of item
online
Isbn
9781455201808
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781455201808.001
Specific material designation
remote
System control number
(IMF)WPIEA2010169
Label
Peru : Drivers of De-dollarization, Mercedes Garcia-Escribano
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
imfWPIEA2010169
Dimensions
unknown
Extent
1 online resource (28 pages)
Form of item
online
Isbn
9781455201808
Issn
1018-5941
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781455201808.001
Specific material designation
remote
System control number
(IMF)WPIEA2010169

Library Locations

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