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Dollarization

Follow Panama: Dollarize

Steve H. Hanke | Posted 05.27.2015 | Business
Steve H. Hanke

Most central banks do one thing well: they produce monetary mischief. Indeed, for most emerging market countries, a central bank is a recipe for disaster.

Measuring Misery in Latin America 2014: More Dollarization, Please

Steve H. Hanke | Posted 04.11.2015 | World
Steve H. Hanke

In my misery index, I calculate a ranking for all countries where suitable data exist. My misery index -- a simple sum of inflation, lending rates, and unemployment rates, minus year-on-year per capita GDP growth -- is used to construct a ranking for 108 countries.

Measuring Misery in Latin America: More Dollarization, Please

Steve H. Hanke | Posted 08.11.2014 | Politics
Steve H. Hanke

In my misery index, I calculate a ranking for all countries where suitable data from the Economist Intelligence Unit exist. A higher score in the misery index means that the country, and its constituents, are more miserable. Indeed, this is a table where you do not want to be first.

The U.S. Dollar Could Save Argentina

Steve H. Hanke | Posted 07.10.2013 | World
Steve H. Hanke

Argentina is once again wrestling with its long-time enemy -- inflation. Now, it appears history may soon repeat itself, as Argentina teeters on the verge of another currency crisis.

Venezuela: On the Death of Chávez and the Ailing Bolivar

Steve H. Hanke | Posted 05.12.2013 | World
Steve H. Hanke

How can Venezuela stave off a currency crisis and place its economy back on a solid monetary foundation? The solution is simple: replace the bolivar with the U.S. dollar.