- Published in Business & Economics
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.