Once this demand reaches a certain level, the stage becomes set for a spontaneous remonetization
of the precious metals.
Due to the perceived downturn caused by the panic, there was continued agitation for monetary expansion, which partly took the form of the "free silver" movement that advocated the remonetization
Remonetization of the domestic economy would likewise be a sine qua non for the resurrection of the DPRK's badly broken central planning mechanism ("a planned economy without planning," in Mitsuhiko Kimura's apt phrase)--which has not managed to launch another multiyear national plan since the last one was concluded in 1993.
Limited remonetization of the domestic economy, furthermore, does not signify transformation of the DPRK's badly distorted production structure.
The process of remonetization that accompanied the successful stabilization of the early 1990s was driven by repatriation of flight capital of domestic residents and was channeled primarily to the fully convertible dollar deposits offered by the banking system.
See Rodriguez (1993) and Savastano (1996) for evidence on the path of remonetization in these economies.
Carrington, Samantha, "The Remonetization
of the Commonwealth of Independent States," American Economic Review, May 1992, 82, 2, 22-26.
1) In policy discussion, the scope for remonetization following stabilization depends on the upward shift in the demand for money and the consequent predictability of higher money demand with lower rates of inflation.
Was there scope for remonetization in Bolivia following the now famous stabilization plan of August 1985, the New Economic Plan introduced by President Victor Paz Estenssoro?
citizens' inflation-hedging demand for gold will shrink by more than banks' reserve demand will grow with larger real demand for Ml balances, I expect that the denationalization and remonetization
of the U.
The financial sector grew strongly as a result of the remonetization
of the economy.
A poll by the Mexican television network TV Azteca found that 96 percent of viewers approved the remonetization