Dollarization in Sub-Saharan Africa: experience and lessons
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Washington, DC
International Monetary Fund
[2015]
|
| Schriftenreihe: | International Monetary Fund. African Department (Series)
15/4 |
| Schlagworte: | |
| Online-Zugang: | FLA01 UBW01 UEI01 LCO01 SBR01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 TUM01 UER01 BSB01 SBG01 |
| Beschreibung: | At head of title: African Department. - "May 2015.". - "IMF staff team led by Mauro Mecagni and Rodolfo Maino"--Cover. - Series and series numbering from IMF Web site (viewed May 19, 2015) Online resource; title from pdf title page (IMF Web site, viewed May 19, 2015) |
| Beschreibung: | 1 online resource (75 pages) color illustrations, color maps |
| ISBN: | 9781484319802 148431980X 9781513554365 1513554360 1498368476 9781498368476 |
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| contents | 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, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits--although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade |
| ctrlnum | (ZDB-4-EBU)ocn909363584 (OCoLC)909363584 (DE-599)BVBBV045358410 |
| format | Electronic eBook |
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| id | DE-604.BV045358410 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T08:15:55Z |
| institution | BVB |
| isbn | 9781484319802 148431980X 9781513554365 1513554360 1498368476 9781498368476 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-030745001 |
| oclc_num | 909363584 |
| open_access_boolean | |
| owner | DE-29 DE-12 DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-91 DE-BY-TUM DE-22 DE-BY-UBG |
| owner_facet | DE-29 DE-12 DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-91 DE-BY-TUM DE-22 DE-BY-UBG |
| physical | 1 online resource (75 pages) color illustrations, color maps |
| psigel | ZDB-4-EBU ZDB-1-IMF ZDB-4-EBU FLA_PDA_EBU |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | International Monetary Fund. African Department (Series) |
| spelling | Dollarization in Sub-Saharan Africa experience and lessons Mauro Mecagni [and others] Washington, DC International Monetary Fund [2015] 1 online resource (75 pages) color illustrations, color maps txt rdacontent c rdamedia cr rdacarrier International Monetary Fund. African Department (Series) 15/4 At head of title: African Department. - "May 2015.". - "IMF staff team led by Mauro Mecagni and Rodolfo Maino"--Cover. - Series and series numbering from IMF Web site (viewed May 19, 2015) Online resource; title from pdf title page (IMF Web site, viewed May 19, 2015) 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, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits--although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade Dollarization fast Economic policy fast Foreign exchange fast Dollarization Africa, Sub-Saharan Foreign exchange Africa, Sub-Saharan Mecagni, Mauro Sonstige oth Maino, Rodolfo 1961- Sonstige oth International Monetary Fund Sonstige oth |
| spellingShingle | Dollarization in Sub-Saharan Africa experience and lessons 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, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits--although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade Dollarization fast Economic policy fast Foreign exchange fast Dollarization Africa, Sub-Saharan Foreign exchange Africa, Sub-Saharan |
| title | Dollarization in Sub-Saharan Africa experience and lessons |
| title_auth | Dollarization in Sub-Saharan Africa experience and lessons |
| title_exact_search | Dollarization in Sub-Saharan Africa experience and lessons |
| title_full | Dollarization in Sub-Saharan Africa experience and lessons Mauro Mecagni [and others] |
| title_fullStr | Dollarization in Sub-Saharan Africa experience and lessons Mauro Mecagni [and others] |
| title_full_unstemmed | Dollarization in Sub-Saharan Africa experience and lessons Mauro Mecagni [and others] |
| title_short | Dollarization in Sub-Saharan Africa |
| title_sort | dollarization in sub saharan africa experience and lessons |
| title_sub | experience and lessons |
| topic | Dollarization fast Economic policy fast Foreign exchange fast Dollarization Africa, Sub-Saharan Foreign exchange Africa, Sub-Saharan |
| topic_facet | Dollarization Economic policy Foreign exchange Dollarization Africa, Sub-Saharan Foreign exchange Africa, Sub-Saharan |
| work_keys_str_mv | AT mecagnimauro dollarizationinsubsaharanafricaexperienceandlessons AT mainorodolfo dollarizationinsubsaharanafricaexperienceandlessons AT internationalmonetaryfund dollarizationinsubsaharanafricaexperienceandlessons |