International Monetary Fund Archives

World News

A Tale of Two Countries: Dollarization in Panama and Ecuador

By Alejandra Palacios Jaramillo November 14, 2022 November 11, 2022 itemprop="discussionURL"1

Panama and Ecuador are two of the three fully dollarized economies in Latin America and have witnessed benefits of this controversial measure. But does dollarization have a place in a shifting geoeconomic order?

World News

Fernet with Vodka

By Tobias Belgrano March 6, 2022 March 6, 2022 itemprop="discussionURL"1

The Argentinians adopted, due to the Italian immigration of the early XX century, a sour herbal wine called “Fernet Branca” – usually mixed with the popular drink “Coca Cola.” The sour taste of Fernet makes it tough to combine it with vodka. However, in harsh times beggars can’t be choosers.