0845 474 4572
info@eurospanbookstore.com

Special order: Usually despatched within 10-14 days

Dollarization in Sub-Saharan Africa

Mauro Mecagni (author) Juan S. Corrales (author)
Jemma Dridi (author)
Rodrigo Garcia-Verdu (author)
Patrick A. Imam (author)
Justin Matz (author)
Carla Macario (author)
Rodolfo Maino (author)
Yibin Mu (author)
Ashwin Moheeput (author)

ISBN: 9781513523194

Publication Date: Mar 2016

Format: Paperback

Dollarization - the use of foreign currencies as a medium of exchange, store of value, or unit of account - is a notable feature of financial development under macroeconomically fragile conditions. It is legitimate to ask whether this phenomenon is an important concern in SSA. This study analyses dollarization with specific reference to the SSA region on the basis of the evidence for the past decade.
£20.95

Special order: will dispatch within 5 days

  • Full Description
  • More Information
  • Customer Reviews
Dollarization�the use of foreign currencies as a medium of exchange, store of value, or unit of account�is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been observed in Latin America, parts of Asia, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits�although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade.
Pages 75
Dimensions 229 x 152
Date Published 1 Mar 2016
Publisher International Monetary Fund
Series Departmental Papers
Subject/s Development economics   Public finance   Macroeconomics   Corporate finance  

Write Your Own Review

Only registered users can write reviews. Please, log in or register

Post your comment

Eurospan Bookstore