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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Ben Naceur, Sami
Rannpháirtithe: Hadjian, Gregory, Hosny, Amr
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2015.
Sraith:IMF Working Papers; Working Paper ; No. 2015/203
Rochtain ar líne:Full text available on IMF