Holdings: Dollarization in Sub-Saharan Africa

Dollarization in Sub-Saharan Africa: experience and lessons

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Bibliographic Details
Format:	Electronic eBook
Language:	English
Published:	Washington, DC International Monetary Fund [2015]
Series:	International Monetary Fund. African Department (Series) 15/4
Subjects:	Dollarization Economic policy Foreign exchange Dollarization > Africa, Sub-Saharan > Foreign exchange > Africa, Sub-Saharan
Online Access:	FLA01 UBW01 UEI01 LCO01 SBR01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 TUM01 UER01 BSB01 SBG01
Item Description:	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)
Physical Description:	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
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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

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