L'État et la monnaie en Amérique latine. Les tendances à la dollarisation

Angela Maria Morandi, Paulo Nakatani and Luis Jorge Vasconcellos Pessôa de Mendonça

Revue Tiers Monde, 2002, vol. 43, issue 171, 665-681

Abstract: [eng] Angela Maria Morandi, Paulo Nakatani, Luiz Jorge Vasconcellos Pessôa de Mendonça — The state and national money in Latin America : Tendencies towards a dollar economy.. The tendency towards the transformation of Latin America into a dollar economy tends to modify international relations. This article departs from the basic tenet that the function of the values of the national monies concerned is determined by the parameters of the American economy to the extent that gains in labour productivity tend to follow by the same rule. The article then determines the function of the monetary authorities in respect to such a setting. Finally it shows how such developments are reflected through the strategies adopted by firms in the most dynamic sectors. In so doing, the authors assess the alterations of the competitive milieu in which the firms operate, that is the external, structural and systemic factors.

Date: 2002
Note: DOI:10.3406/tiers.2002.1629
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