Impact of Remittances on Natural Rate of Dollarization-Trends in Caucasus and Central Asia /

This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the currency allocation in a portfolio of deposits to maximize wel...

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Bibliographic Details
Main Author: Gondo, Rocio
Other Authors: Aidarova, Altynai, Singh, Manmohan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/185
Online Access:Full text available on IMF