The Resource Dollarization in Cambodia : causes and policy implications, Nombulelo Duma
Dollarization in Cambodia : causes and policy implications, Nombulelo Duma
Resource Information
The item Dollarization in Cambodia : causes and policy implications, Nombulelo Duma represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Dollarization in Cambodia : causes and policy implications, Nombulelo Duma represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- Over the past decade, Cambodia has become Asias most dollarized economy. In contrast, dollarization in neighboring Lao P.D.R., Mongolia, and Vietnam has been either declining or broadly stable. Somewhat paradoxically, growing dollarization in Cambodia has occurred against the backdrop of greater macroeconomic and political stability. The usual motive, currency substitution, does not appear to have been a factor. As the volume of dollars increased over the years, so has the volume of riel. A strong inward flow of dollars related to garments sector exports, tourism receipts, foreign direct investment, and aid, has benefitted the dollar based urban economy. The riel based rural economy has, however, lagged behind. Given international experience in de-dollarization, a carefully managed market based strategy, supported by a continued stable macroeconomic environment is essential for Cambodia's de-dollarization
- Language
- eng
- Extent
- 1 online resource (26 pages)
- Contents
-
- Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Macroeconomic and Social Indicators; II. Dollarization in General; III. The Cambodian Experience with Dollarization; 2. Riel and Foreign Currency Deposits, 2006-10; 3. Sources of Growth and Financing Flows; A. Costs and Risks of Dollarization; 1. Seigniorage Loss for Cambodia based on Currency in Circulation in Neighboring LICs; 4. Gross Official Reserves and Foreign Currency Deposits, 2006-10; B. Monetary Policy in Dollarized Cambodia; C. Structural Challenges that Instill Dollarization
- 5. Governance Indicators Relative to the Region6. Interest Rate Spreads; IV. Lessons from International Experience; V. Policy Options for Cambodia; A. The Macroeconomic Environment; B. The Domestic Financial Market; C. Financial Policy and Prudential Regulation; VI. Conclusions; Appendix: Effects of Changes in the U.S. Federal Funds Rate on Macroeconomic Variables; 1. Residuals; 2. Impulse Responses; 3. Cumulative Pass-Through Coefficients of the Federal Funds Rate; 4. Variance Decompositions; References; Footnotes
- Isbn
- 9781283555715
- Label
- Dollarization in Cambodia : causes and policy implications
- Title
- Dollarization in Cambodia
- Title remainder
- causes and policy implications
- Statement of responsibility
- Nombulelo Duma
- Language
- eng
- Summary
- Over the past decade, Cambodia has become Asias most dollarized economy. In contrast, dollarization in neighboring Lao P.D.R., Mongolia, and Vietnam has been either declining or broadly stable. Somewhat paradoxically, growing dollarization in Cambodia has occurred against the backdrop of greater macroeconomic and political stability. The usual motive, currency substitution, does not appear to have been a factor. As the volume of dollars increased over the years, so has the volume of riel. A strong inward flow of dollars related to garments sector exports, tourism receipts, foreign direct investment, and aid, has benefitted the dollar based urban economy. The riel based rural economy has, however, lagged behind. Given international experience in de-dollarization, a carefully managed market based strategy, supported by a continued stable macroeconomic environment is essential for Cambodia's de-dollarization
- Cataloging source
- DJB
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Duma, Nombulelo
- Government publication
- international or intergovernmental publication
- Index
- no index present
- LC call number
-
- HG1250.3
- HG3881.5.I58
- LC item number
-
- .D86 2011 ONLINE
- W67 No. 11/49 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
- International Monetary Fund
- Series statement
- IMF Working Paper
- Series volume
- WP/11/49
- http://library.link/vocab/subjectName
-
- Dollarization
- Dollarization
- Cambodia
- Label
- Dollarization in Cambodia : causes and policy implications, Nombulelo Duma
- Bibliography note
- Includes bibliographical references
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Macroeconomic and Social Indicators; II. Dollarization in General; III. The Cambodian Experience with Dollarization; 2. Riel and Foreign Currency Deposits, 2006-10; 3. Sources of Growth and Financing Flows; A. Costs and Risks of Dollarization; 1. Seigniorage Loss for Cambodia based on Currency in Circulation in Neighboring LICs; 4. Gross Official Reserves and Foreign Currency Deposits, 2006-10; B. Monetary Policy in Dollarized Cambodia; C. Structural Challenges that Instill Dollarization
- 5. Governance Indicators Relative to the Region6. Interest Rate Spreads; IV. Lessons from International Experience; V. Policy Options for Cambodia; A. The Macroeconomic Environment; B. The Domestic Financial Market; C. Financial Policy and Prudential Regulation; VI. Conclusions; Appendix: Effects of Changes in the U.S. Federal Funds Rate on Macroeconomic Variables; 1. Residuals; 2. Impulse Responses; 3. Cumulative Pass-Through Coefficients of the Federal Funds Rate; 4. Variance Decompositions; References; Footnotes
- Control code
- 733936961
- Extent
- 1 online resource (26 pages)
- Form of item
- online
- Isbn
- 9781283555715
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Specific material designation
- remote
- System control number
-
- imfWPIEA2011049
- (IMF)WPIEA2011049
- (OCoLC)733936961
- Label
- Dollarization in Cambodia : causes and policy implications, Nombulelo Duma
- Bibliography note
- Includes bibliographical references
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Contents
-
- Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Macroeconomic and Social Indicators; II. Dollarization in General; III. The Cambodian Experience with Dollarization; 2. Riel and Foreign Currency Deposits, 2006-10; 3. Sources of Growth and Financing Flows; A. Costs and Risks of Dollarization; 1. Seigniorage Loss for Cambodia based on Currency in Circulation in Neighboring LICs; 4. Gross Official Reserves and Foreign Currency Deposits, 2006-10; B. Monetary Policy in Dollarized Cambodia; C. Structural Challenges that Instill Dollarization
- 5. Governance Indicators Relative to the Region6. Interest Rate Spreads; IV. Lessons from International Experience; V. Policy Options for Cambodia; A. The Macroeconomic Environment; B. The Domestic Financial Market; C. Financial Policy and Prudential Regulation; VI. Conclusions; Appendix: Effects of Changes in the U.S. Federal Funds Rate on Macroeconomic Variables; 1. Residuals; 2. Impulse Responses; 3. Cumulative Pass-Through Coefficients of the Federal Funds Rate; 4. Variance Decompositions; References; Footnotes
- Control code
- 733936961
- Extent
- 1 online resource (26 pages)
- Form of item
- online
- Isbn
- 9781283555715
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Specific material designation
- remote
- System control number
-
- imfWPIEA2011049
- (IMF)WPIEA2011049
- (OCoLC)733936961
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Dollarization-in-Cambodia--causes-and-policy/mdn1RzE8ZKg/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Dollarization-in-Cambodia--causes-and-policy/mdn1RzE8ZKg/">Dollarization in Cambodia : causes and policy implications, Nombulelo Duma</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
