How to De-Dollarize Financial Systems in the Caucasus and Central Asia? /

Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the world, with adverse consequences for macroeconomic stability, monetary policy transmission, and financial sector development. Using dynamic panel data models, we find that foreign exchange deposits and loa...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Ben Naceur, Sami
Beste egile batzuk: Hadjian, Gregory, Hosny, Amr
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/203
Sarrera elektronikoa:Full text available on IMF