Understanding Dollarization: Causes and Impact of Partial Dollarization on Developing and Emerging Markets
  • Understanding Dollarization: Causes and Impact of Partial Dollarization on Developing and Emerging Markets
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Understanding Dollarization: Causes and Impact of Partial Dollarization on Developing and Emerging Markets

(author), (author)
£150.00
Mixed media product 129 Pages / Published: 24/05/2016
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A very commonly observed phenomenon in developing and emerging market economies is the use of another country's currency (US dollar or other) in lieu or in addition to the local currency. Governments in these countries have been encouraging dollarization for years by allowing their citizens to save and borrow from local banks in foreign currency, posing risks to the health and stability of their banking systems.

Publisher: De Gruyter
ISBN: 9783110437034
Number of pages: 129
Dimensions: 240 x 170 mm

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