Concept information
Preferred term
numeraire and dollarization
Definition(s)
- Numeraire and dollarization are both terms that refer to a country's adoption of a foreign currency as a numeraire and/or legal tender instead of a national currency. Numeraire is a unit of account, against which all goods and services are valued and priced. [Source: The Encyclopedia of Political Science; Numeraire and Dollarization]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-BC97K899-T
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