This paper provides numerical examinations on sustainability of genuine saving (GS) using theWorld Bank database. Unlikely to previous criteria of sustainability, we consider future sustainability by focusing on evolution of GS. In this case even if the historical average GS of a country is...

This paper presents a numerical examination of sustainability from the perspective of quot;Genuine Savings,quot; using a data set provided by the World Bank. Unlike previously-used criteria of sustainability that focuses on observed paths of genuine savings rates, we consider future...

Cambodia has recorded both rapid economic growth and macroeconomic stability in recent decades despite (or thanks to) high levels of dollarization. Previous studies on dollarization in Cambodia have largely focused on examining its causes and estimating seigniorage losses. As an attempt to...