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How can currency boards and dollarization prevent currency crises?
Resistance
The refusal to accept or comply with something; in social contexts, it often relates to opposition against policies, norms, or changes perceived as unjust.
Autonomy
Refers to the capacity to make informed, uncoerced decisions independently.
Shame and Doubt
Phases in early child development theorized by Erik Erikson, where children learn to develop autonomy while also experiencing feelings of shame and doubt about their actions.
Trust
The firm belief in the reliability, truth, ability, or strength of someone or something.
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