Dollarising Indonesia
- 1 December 1999
- journal article
- research article
- Published by Taylor & Francis in Bulletin of Indonesian Economic Studies
- Vol. 35 (3) , 97-113
- https://doi.org/10.1080/00074919912331337707
Abstract
The rupiah's record of instability, both recently and over the long term, suggests it is worthwhile to investigate options for radical monetary reform. An option currently receiving attention elsewhere is official dollarisation, under which a country ceases to issue a domestic currency and makes a foreign currency its official currency. This paper discusses the costs and benefits of dollarisation in Indonesia, the steps involved in dollarisation, and some economic and political implications of dollarisation.Keywords
This publication has 3 references indexed in Scilit:
- Crisis-Driven Changes to the Banking Laws and RegulationsBulletin of Indonesian Economic Studies, 1999
- Survey of Recent DevelopmentsBulletin of Indonesian Economic Studies, 1999
- Seigniorage and the Case for a National MoneyJournal of Political Economy, 1982