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) 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 further explore the effects of dollarization in Cambodia, this paper …
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apparent paradox between a decade of economic and political improvements and continued dollarization, and drawing policy … host of institutional barriers that need to be overcome to prepare the groundwork for a natural process of de-dollarization. …
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This paper examines the pattern of dollarization in Latin America, focusing on the experience of five countries … (Argentina, Bolivia, Mexico, Peru and Uruguay) during 1970-1993. It presents evidence on the relative size of dollarization, the … factors, macroeconomic conditions, and the dynamics of money demand In shaping the dollarization process; it also highlights …
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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395969
Recent literature has highlighted that international trade is mostly priced in a few key vehicle currencies and is increasingly dominated by intermediate goods and global value chains (GVCs). Taking these features into account, this paper reexamines the relationship between monetary policy,...
Persistent link: https://www.econbiz.de/10013170273