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  • Dollarization in Sub-Saharan Africa

    Experiences and Lessons

    Series Book 15 - Departmental Papers / Policy Papers
    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, ... Read more

    $10.29 USD