Description: Unravelling the Persistence of Dollarization : The Case of Georgia, Hardcover, ISBN 1032145846, ISBN-13 9781032145846, Like New Used, Free shipping in the US "This volume engages with the roots, dimensions and implications of foreign currency domination in states with a national currency. Referred to as unofficial dollarization in literature, this is a worldwide phenomenon among developing countries and has along history. This monograph provides a political economic analysis of dollarization in Georgia and is structured around three themes: the genesis of dollarization (1), the persistence of dollarization (2003-12) and the politicization of dollarization (2012-19). The case of Georgia is especially representative of the post-socialist transition states, but also has wider applicability. A high level of dollarization is a significant barrier to economic growth, macroeconomic and political stability, functional monetary policy, as well as social welfare. The Covid-19 crisis and the increasing debt of developing countries in foreign currency exacerbate dollarization-related vulnerabilities for these economies. This book will be of interest to postgraduate students in global/comparative political economy, development economics or transition economies, researchers in monetary sovereignty, central banking, exchange rate policies, currency hierarchy, money, financialization, and policy makers in dollarizedcountries and global institutions"--
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Book Title: Unravelling Dollarization Persistence : the Case of Georgia
Number of Pages: 250 Pages
Language: English
Publisher: Routledge, Chapman & Hall, Incorporated
Publication Year: 2022
Topic: Globalization, Finance / General, Development / Economic Development, Economic Conditions
Genre: Business & Economics
Item Length: 9.2 in
Author: IA Eradze
Item Width: 6.1 in
Book Series: Europa Economic Perspectives Ser.
Format: Hardcover