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Dollarization in Sub-Saharan Africa : experience and lessons /
Dollarization--the use of foreign currencies as a medium of exchange, store of value, or unit of account--is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been obse...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Autores Corporativos: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, DC :
International Monetary Fund,
[2015]
|
| Colección: | International Monetary Fund. African Department (Series) ;
15/4. |
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 245 | 0 | 0 | |a Dollarization in Sub-Saharan Africa : |b experience and lessons / |c Mauro Mecagni [and others]. |
| 260 | |a Washington, DC : |b International Monetary Fund, |c [2015] | ||
| 300 | |a 1 online resource (75 pages) : |b color illustrations, color maps. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a [African departmental paper ; |v no. 15/4] | |
| 500 | |a At head of title: African Department. | ||
| 500 | |a "May 2015." | ||
| 500 | |a "IMF staff team led by Mauro Mecagni and Rodolfo Maino"--Cover. | ||
| 500 | |a Series and series numbering from IMF Web site (viewed May 19, 2015). | ||
| 504 | |a Includes bibliographical references (pages 62-63). | ||
| 520 | 3 | |a Dollarization--the use of foreign currencies as a medium of exchange, store of value, or unit of account--is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been observed in Latin America, parts of Asia, and Eastern Europe. Dollarization is also present, prominently, in sub-Saharan Africa (SSA) where it remains significant and persistent at over 30 percent rates for both bank loans and deposits--although it has not increased significantly since 2001. However, progress in reducing dollarization has lagged behind other regions and, in this regard, it is legitimate to ask whether this phenomenon is an important concern in SSA. This study fills a gap in the literature by analyzing these issues with specific reference to the SSA region on the basis of the evidence for the past decade. | |
| 588 | 0 | |a Online resource; title from pdf title page (IMF Web site, viewed May 19, 2015). | |
| 590 | |a eBooks on EBSCOhost |b EBSCO eBook Subscription Academic Collection - Worldwide | ||
| 650 | 0 | |a Dollarization |z Africa, Sub-Saharan. | |
| 650 | 0 | |a Foreign exchange |z Africa, Sub-Saharan. | |
| 651 | 0 | |a Africa, Sub-Saharan |x Economic policy. | |
| 650 | 6 | |a Dollarisation |z Afrique subsaharienne. | |
| 650 | 6 | |a Change |z Afrique subsaharienne. | |
| 651 | 6 | |a Afrique subsaharienne |x Politique économique. | |
| 650 | 7 | |a BUSINESS & ECONOMICS / Finance |2 bisacsh | |
| 650 | 7 | |a Dollarization. |2 fast |0 (OCoLC)fst01744651 | |
| 650 | 7 | |a Economic policy. |2 fast |0 (OCoLC)fst00902025 | |
| 650 | 7 | |a Foreign exchange. |2 fast |0 (OCoLC)fst00931768 | |
| 651 | 7 | |a Sub-Saharan Africa. |2 fast |0 (OCoLC)fst01239520 | |
| 700 | 1 | |a Mecagni, Mauro, |e author. | |
| 700 | 1 | |a Maino, Rodolfo, |d 1961- |e author. | |
| 710 | 2 | |a International Monetary Fund. | |
| 710 | 2 | |a International Monetary Fund. |b African Department. | |
| 830 | 0 | |a International Monetary Fund. African Department (Series) ; |v 15/4. | |
| 856 | 4 | 0 | |u https://ebsco.uam.elogim.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1093412 |z Texto completo |
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