Understanding Dollarization

Causes and Impact of Partial Dollarization on Developing and Emerging Markets

Emre Ozsoz, Erick W. Rengifo (Autoren)

Media-Kombination

X, 129 Seiten | Ausstattung: Hardcover & eBook

2016
De Gruyter Oldenbourg
978-3-11-043703-4 (ISBN)

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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. 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.

Emre Ozsoz, State University of New York - FIT, New York, USA; Erick W. Rengifo, Fordham University, New York, USA

Zusatzinfo	Includes a print version and an ebook
Verlagsort	Berlin
Sprache	englisch
Maße	170 x 240 mm
Themenwelt	Wirtschaft ► Volkswirtschaftslehre
Schlagworte	Dollar • Dollarisierung • Geld • Geldnachfrage • Währung • Währungssubstitution
ISBN-10	3-11-043703-1 / 3110437031
ISBN-13	978-3-11-043703-4 / 9783110437034
Zustand	Neuware