Unravelling The Persistence of Dollarization
eBook - ePub

Unravelling The Persistence of Dollarization

The Case of Georgia

  1. 240 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Unravelling The Persistence of Dollarization

The Case of Georgia

About this book

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 a long history.

This monograph provides a political economic analysis of dollarization in Georgia and is structured around three themes: the genesis of dollarization (1991–2003), 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 dollarized countries and global institutions.

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Yes, you can access Unravelling The Persistence of Dollarization by Ia Eradze in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Routledge
Year
2023
Print ISBN
9781032145846
eBook ISBN
9781000719031
Edition
1

Table of contents

  1. Cover
  2. Endorsements
  3. Half Title
  4. Series Page
  5. Title Page
  6. Copyright Page
  7. Dedication
  8. Table of Contents
  9. List of illustrations
  10. Abbreviations
  11. The author
  12. Acknowledgements
  13. PART I Dollarization and its discontents
  14. PART II The genesis of dollarization
  15. PART III The persistence of dollarization
  16. PART IV The politicization of dollarization
  17. Index