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ISSN 0899-6571
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| Volume 1, Number 2, Second Quarter 1999 |
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CURRENT ISSUE
Distinguishing Fact From Fiction in Y2K
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COVER STORY
Exterminating the
Y2K Bug in Banking
Separating fact and fiction about Y2K is not an easy task — so much information, so many differing opinions and, now, so little time. But, as this article indicates, banking regulators have a consistent message: while there may be some isolated, temporary glitches, the U.S. banking industry will be prepared for the rollover to the Year 2000.
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FEATURES
Southern Suitors:
Wooing Foreign Investment
Foreign investors have held a special place in the hearts of Southern policymakers for decades. Why? Because foreign investment, as this article discusses, has brought the South a rich dowry: new industries, jobs and productivity advances as well as an unquantifiable commodity — prestige.
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Responding to Global Crises:
Dollarization in Latin America
A hot topic in Latin America is dollarization, a policy stance whereby a country makes the U.S. dollar its official currency. Dollarization can bring a country a number of benefits, like a lower-inflation environment. But these benefits come at a price; for instance, a totally dollarized country essentially forfeits control of its monetary policy. This article examines both sides of the dollarization issue.
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DEPARTMENTS
Research Notes
Dollar Index
The State of the States
Southeastern Economic Indicators
Southeastern Manufacturing Survey
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