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  • 标题:The Dollarization of Less Developed countries: A Note on the Computation of a hard Currency Index
  • 本地全文:下载
  • 作者:Lula G. Mengesha ; Mark J. Holmes
  • 期刊名称:International Journal of Economics and Research
  • 电子版ISSN:2229-6158
  • 出版年度:2011
  • 卷号:2
  • 期号:2
  • 页码:61-66
  • 出版社:Sanben Agency
  • 摘要:Numerous studies have investigated the impact of dollarization on the wider economy. In measuring dollarization, many studies use the ratio of foreign currency deposits to broad money. However, such an approach only focuses on one aspect of dollarization. This paper advocates an alternative approach that is holistic in nature. Using this new index, we reflect on the dollarization experienced in the Eritrean economy.
  • 关键词:Hard currency; dollarization; black market; Eritrea; broad money.
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