| 词汇 | dollarization |
| 释义 | dollarization noun[ U ] finance & economics specialized(UK usuallydollarisation)uk /ˌdɒl.ə.raɪˈzeɪ.ʃən/ us /ˌdɑː.lɚ.əˈzeɪ.ʃən/ the act or process of replacing a country's currency(= money) with US dollars: （货币）美元化 dollarization ofThe protestors were demonstrating against the dollarisation of the economy.抗议者在示威抗议经济美元化。 Under dollarization, the dollar is used as the main or only medium of exchange. Related word dollarize Dollarization usually makes imports cheaper and exports more expensive. Some economists believe that dollarisation is a solution to financial instability. The government wanted to avoid the dollarization of the banking system. The process of dollarisation has been reversed. This country is not ready for full dollarization. Currencies Altcoin ariary bimetallism bitcoin buying power decimal currency escudo franc guilder krone lira multi-currency non-convertible non-dollar out of circulation paisa rouble rupiah shilling traveller's cheque You can also find related words, phrases, and synonyms in the topics: Economics dollarization | Business Englishdollarization noun[ U ] ECONOMICSuk /ˌdɒləraɪˈzeɪʃən/ us /ˌdɒlərɪˈzeɪʃən/(UK alsodollarisation) the situation in which a country chooses to use the US dollar instead of, or in addition to, its own currency: The finance minister argued that dollarization would boost economic growth. the situation in which a country decides to make its own currency the same value as the US dollar or to link it to changes in the value of the US dollar dollarizeverb[ I or T ](UK alsodollarise) Critics pointed out that dollarizing the economy could reduce the country's control over its economy. Examples of dollarizationdollarization This research led us naturally to explore dollarization and term structure. Missing from those papers, however, is the sudden-stop phenomenon that has been prominent in recent financial crises, and leads one to take dollarization with a great deal more caution. Interestingly, a solution to the original high-interest problem was dollarization of public debt, while the current evidence and research makes one seriously question such a dollarization policy. He responded that dollarization was one of the options under consideration. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This global capital market imperfection contributes a lot to the widespread liability dollarization phenomenon. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Empirical studies show that fixed exchange rate regime is the main reason of liability dollarization. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Countries with high liability dollarization (external, public, or financial) tend to stabilize their exchange rate. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Critics of his dollarization efforts accuse him of doing so without popular consensus, except exclusively with bankers. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. But with dollarization and higher cost of living this is slowly being in eroded. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. But usually the dollarization takes place in spite of all efforts of the government to prevent it by exchange controls, heavy fines and penalties. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. He proposed economic reforms that produced the dollarization of the economy. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. His research have focused on financial dollarization, the behavior of banks and financial markets during crises, international financial architecture, monetary and exchange rate regimes and development finance. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This process is known as dollarization. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. For the reverse causality, on the other hand, the authors do not find evidence that more active intervention in foreign exchange markets (i.e., more fixing) leads to higher liability dollarization. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Current impediments to growth include a small domestic market, lack of adequate infrastructure, high transportation costs, poor trade links with neighboring countries and the high dollarization of the economy. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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