Dollarization and De-dollarization in Transitional Economies of Southeast Asia

Business & Finance, Economics, Macroeconomics
Cover of the book Dollarization and De-dollarization in Transitional Economies of Southeast Asia by , Springer International Publishing
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Author: ISBN: 9783319577685
Publisher: Springer International Publishing Publication: September 1, 2017
Imprint: Palgrave Macmillan Language: English
Author:
ISBN: 9783319577685
Publisher: Springer International Publishing
Publication: September 1, 2017
Imprint: Palgrave Macmillan
Language: English

This book sheds light on the dollarization trends of four transitional economies in Southeast Asia: Cambodia, Lao PDR, Myanmar, and Vietnam. Moving beyond the tendency to focus on the Latin American experience of dollarization and prolonged high inflation, the chapters in this book compare how payment dollarization has been more persistent than other types of dollarization in this region due to network externalities. The book illustrates that dollarization started in the underdeveloped financial system in these countries and that dollarization interacted with financial development, which is in contrast to dollarization in Latin America. This project extends the frontiers of empirical studies on dollarization. It will be of interest to students, researchers and policy makers concerned with dollarization and economics in Southeast Asia.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book sheds light on the dollarization trends of four transitional economies in Southeast Asia: Cambodia, Lao PDR, Myanmar, and Vietnam. Moving beyond the tendency to focus on the Latin American experience of dollarization and prolonged high inflation, the chapters in this book compare how payment dollarization has been more persistent than other types of dollarization in this region due to network externalities. The book illustrates that dollarization started in the underdeveloped financial system in these countries and that dollarization interacted with financial development, which is in contrast to dollarization in Latin America. This project extends the frontiers of empirical studies on dollarization. It will be of interest to students, researchers and policy makers concerned with dollarization and economics in Southeast Asia.

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