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Dollarization and De-dollarization in Transitional Economies of Southeast Asia (Hardcover, 1st ed. 2017)
Loot Price: R4,514
Discovery Miles 45 140
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Dollarization and De-dollarization in Transitional Economies of Southeast Asia (Hardcover, 1st ed. 2017)
Series: IDE-JETRO Series
Expected to ship within 12 - 17 working days
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Total price: R4,534
Discovery Miles: 45 340
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This book sheds light on the dollarization trends of four
transitional economies in Southeast Asia: Cambodia, Lao PDR,
Myanmar, and Vietnam. Moving beyond the tendency to focus on the
Latin American experience of dollarization and prolonged high
inflation, the chapters in this book compare how payment
dollarization has been more persistent than other types of
dollarization in this region due to network externalities. The book
illustrates that dollarization started in the underdeveloped
financial system in these countries and that dollarization
interacted with financial development, which is in contrast to
dollarization in Latin America. This project extends the frontiers
of empirical studies on dollarization. It will be of interest to
students, researchers and policy makers concerned with
dollarization and economics in Southeast Asia.
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