Economic Policy in a Highly Dollarized Economy 1

Samhälle & debatt

Economic Policy in a Highly Dollarized Economy

Mario De Zamaroczy • Sopanha Sa • International Monetary Fund

Pocket

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35 sidor
2003

This study examines the challenges and issues facing policymakers in highly dollarized economies. Focusing on Cambodia, which achieved almost complete dollarization during 1991-95, the authors review recent developments in the literature on dollarization and examine the costs and benefits of dollarization in Cambodia, including the ensuing macroeconomic policy implications. They carry out an econometric estimation of cash foreign currency circulation in Cambodia in order to gauge the degree of dollarization. In addition to this analysis, the authors present a short description of Cambodia's economic, financial, and structural background.

Författare: Mario De Zamaroczy, Sopanha Sa, International Monetary Fund
Format: Pocket/Paperback
ISBN: 9781589061897
Språk: Engelska
Antal sidor: 35
Utgivningsdatum: 2003-09-01
Förlag: International Monetary Fund (IMF)