Economic Policy In A Highly Dollarized Economy

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Economic Policy in a Highly Dollarized Economy

Economic Policy in a Highly Dollarized Economy
Author :
Publisher : International Monetary Fund
Total Pages : 50
Release :
ISBN-10 : 1589061896
ISBN-13 : 9781589061897
Rating : 4/5 (897 Downloads)

Book Synopsis Economic Policy in a Highly Dollarized Economy by : International Monetary Fund

Download or read book Economic Policy in a Highly Dollarized Economy written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-09-30 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


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