Dollarization in Sub-Saharan Africa : Experiences 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 observ...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Mecagni, Mauro
Weitere Verfasser: Corrales, Juan, Dridi, Jemma, Garcia-Verdu, Rodrigo
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:Departmental Papers; Departmental Paper ; No. 2015/005
Online Zugang:Full text available on IMF