E-Book, Englisch, 139 Seiten
Ozsoz / Rengifo Understanding Dollarization
1. Auflage 2016
ISBN: 978-3-11-043403-3
Verlag: De Gruyter
Format: EPUB
Kopierschutz: 6 - ePub Watermark
Causes and Impact of Partial Dollarization on Developing and Emerging Markets
E-Book, Englisch, 139 Seiten
ISBN: 978-3-11-043403-3
Verlag: De Gruyter
Format: EPUB
Kopierschutz: 6 - ePub Watermark
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.
Zielgruppe
Scholars international economics, open economy macroeconomics, in