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...

Полное описание

Библиографические подробности
Главный автор: Ben Naceur, Sami
Другие авторы: Hadjian, Gregory, Hosny, Amr
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/203
Online-ссылка:Full text available on IMF