Connie Mack
Published: 1999-08-01
Total Pages: 62
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The economic effects of official dollarization on both the emerging market countries and the U.S., whether the U.S. should encourage official dollarization and for other purposes. Witnesses: Lawrence Summers, Dep. Sec., U.S. Dept. of the Treasury; Alan Greenspan, Chairman, Board of Governors of the Federal Reserve System; Wayne Angell, Chief Economist, Bear, Stearns and Co., Inc.; Judy Shelton, Member of the Board, Empower America; Guillermo Calvo, Director, Center for International Economics, Univ. of Maryland; Catherine Mann, Senior Fellow, Institute for International Economics. Also, "Argentina's Dollarization Project: A Primer," dated Feb. 18, 1999.