Economic Policy in a Highly Dollarized Economy by Mario De Aamaroczy and Sopanha Sa

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.

 

Book Details
Title: Economic Policy in a Highly Dollarized Economy: The Case of Cambodia
Author: Mario De Aamaroczy and Sopanha Sa
ISBN-10: 1589061896
ISBN-13: 978-1589061897
Publisher: Intl Monetary Fund
Length: 40 pages
Language: English
Dimensions: 8.5 x 10.8 x 0.20 inches
Weight: 5.6 ounces
File Size (Kindle): 957 KB

 

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