Overview

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.

Full Product Details

Author:   Koji Kubo
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   Softcover reprint of the original 1st ed. 2017
Weight:   0.454kg
ISBN:  

9783319862439

ISBN 10:   331986243
Pages:   243
Publication Date:   10 August 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Chapter 1. Introduction: Dollarization and de-dollarization in transitional economies of Southeast Asia: An overview.- Chapter 2. Dollarization in Cambodia: Behavior of households and enterprises in a highly dollarized environment.- Chapter 3. Asset substitution and currency substitution behind dollarization in the Lao PDR: Recent evidence from bank-level data of foreign currency deposits.- Chapter  4. Dollarization in Myanmar?.- Chapter 5. Dollarization and de-dollarization policies: the case of Vietnam.- Chapter  6. Economic Growth, monetary policy, and dollarization in the CLMV countries.- Chapter 7. Banking and dollarization: A comparative study of Cambodia, Lao PDR, and Vietnam.

Reviews

“This book explores the concepts of dollarization and de-dollarization in Cambodia ... With growing interest in the financial development of CLMV economies, this book proves to be an invaluable resource on the topic of dollarization in the region.” (Linda Low, Journal of Southeast Asian Economies, Vol. 35 (1), April, 2018)

This book explores the concepts of dollarization and de-dollarization in Cambodia ... With growing interest in the financial development of CLMV economies, this book proves to be an invaluable resource on the topic of dollarization in the region. (Linda Low, Journal of Southeast Asian Economies, Vol. 35 (1), April, 2018)

Author Information

Koji Kubo is Senior Research Fellow, Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO), Japan.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions