#110 Concept: Dollarization

If you work across time zones, borders and cultures, this is the show for you. In the "Concept" series, Leo aims at defining a topic in international business. These are shorter episodes to illustrate key concepts in this discipline.Today we present the concept of dollarization.Dollarization occurs when a country transitions from using its domestic currency to adopting a foreign currency– typically the US dollar -  to use alongside or instead of its own currency.Links to further your research: Dollarization in El Salvador celebrates 21 years Full Dollarization - The Pros and Cons An Economic History Of El Salvador’s Adoption Of Bitcoin⁠Join Leonardo on Patreon for:⁠⁠Podcast Archive: 102 episodes (40+ hours).Podcast Bonus Episodes: New exclusive content.Early Access: Upcoming YouTube videos and newsletters.Thinking Process Journal: Insights into Leonardo's contentpreparation, including a curated reading list and personal reflections.Q&A: Submit questions for future episodes, and receive a shoutout when they are answered.You could also support the podcast by purchasing one of thefollowing books on Amazon using the links provided:- ⁠⁠The Personal MBA⁠⁠- ⁠⁠HBR's 10 Must Reads 2025⁠⁠- ⁠⁠The 48 Laws of Power⁠⁠- ⁠⁠Blue Ocean Strategy⁠

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If you work across time zones, borders and cultures, this is the show for you. Leonardo interviews experts from around the world across various industries, engaging in conversations that uncover their challenges and provide insights to help you become a better international business leader. For more content, join Leonardo's Patreon: - Podcast Archive: 102 episodes. - Podcast Bonus Episodes: new exclusive content. - Thinking Process Journal: insights into Leonardo's content preparation, including a curated reading list. - Early Access: YouTube videos and newsletters. - Q&A: Submit questions!