Trade

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.

This is the first book on the transformations wrought by Cambodia's 2002-08 economic boom. It explores the impact of the boom on governance, economic structure, and opportunities for the poor. It provides new insights into the relationship between economic growth and political stability in post-conflict societies. It is a cross-disciplinary study involving Cambodian and foreign scholars.