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This volume deals with the very important and timely topic of dollarization, or the official adoption of the dollar as a nation's currency. The benefits and costs, as well as the type of nation that stands to gain from dollarization, are examined by some of the leading experts and participants in the current debate. Some advocate dollarization, some fixed exchange rates, some flexible. Contributors include R. Mundell (Columbia U), A. Berg (IMF), B. Eichengreen (U Cal- Berkeley).