Dollarization in Sub-Saharan Africa:Experiences and Lessons

Autor: Mecagni, Mauro, International Monetary Fund, Maino, Rodolfo
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Popis: Dollarization—the use of foreign currencies as a medium of exchange, store of value, or unit of account—is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been observed in Latin America, parts of Asia.
Databáze: eBook Collection (EBSCOhost)