Cambodian Dollarization

Its Policy Implications for LDCs’ Financial Development

Hidenobu Okuda, Serey Chea (Herausgeber)

Buch | Hardcover

224 Seiten

2023
Routledge (Verlag)
978-1-032-48916-2 (ISBN)

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This book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the 2000s. It uses data collected through nationwide surveys conducted by the National Bank of Cambodia and JICA Ogata Sadako Research Institute.

This book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the end of 1998, when full peace reigned over the kingdom. It uses the micro-level data collected through nationwide surveys conducted jointly by the National Bank of Cambodia and JICA Ogata Sadako Research Institute in 2014 and 2017.

By applying econometric analysis to collected data, the book analyses in detail the structures and mechanisms of dollarization in households, companies, and financial institutions. It also provides detailed information on the historical development of Cambodian dollarization, international comparisons with various cases of dollarization in countries around the world, and the impact of NBC's digital payment platforms (particularly Bakong) on the use of local and foeign currencies. The Cambodian case shows that financial development of low- and middle-income countries is promoted mutually by dollarization and that policies to separate the two are necessary to curb dollarization.

This book will be of interest to students, researchers and policy-makers concerned with dollarization and economics in Southeast Asia.

Hidenobu Okuda is a professor in the School of Economics at Teikyo University and a visiting scholar at the JICA Ogata Research Institute. Serey Chea is the governor at the National Bank of Cambodia.

1 Development and Structure of Dollarization in Cambodia 2 Dollarization in Households 3 Enterprise and Dollarization 4 Dollarization and Financial Institutions 5 Currency Exchange Under Payments Dollarization 6 Electronic Payment and Promotion of Local Currency 7 Dollarization in Other Emerging Economies and Developing Countries 8 Strategies for Promotion of Khmer Riel

Erscheinungsdatum	09.09.2023
Zusatzinfo	48 Tables, black and white; 9 Line drawings, black and white; 50 Halftones, black and white; 59 Illustrations, black and white
Verlagsort	London
Sprache	englisch
Maße	156 x 234 mm
Gewicht	612 g
Themenwelt	Naturwissenschaften ► Geowissenschaften ► Geografie / Kartografie
	Sozialwissenschaften ► Soziologie ► Spezielle Soziologien
	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-032-48916-2 / 1032489162
ISBN-13	978-1-032-48916-2 / 9781032489162
Zustand	Neuware