Economic policy in a highly dollarized economy : the case of Cambodia
Author(s)
Bibliographic Information
Economic policy in a highly dollarized economy : the case of Cambodia
(Occasional paper / International Monetary Fund, 219)
International Monetary Fund, 2003
Available at / 28 libraries
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Research Institute for Economics & Business Administration (RIEB) Library , Kobe University図書
332.042-130//219081000096517
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Note
Includes bibliographical references
Description and Table of Contents
Description
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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