Macroeconomic Adjustment in a Highly Dollarized Economy: The Case of Cambodia photograph

Macroeconomic Adjustment In A Highly Dollarized Economy: The Case Of Cambodia

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Originally published May 2002
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ID2011069
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About Macroeconomic Adjustment In A Highly Dollarized Economy: The Case Of Cambodia


Cambodia became dollarized suddenly in the early 1990s, as a result of massive dollar inflows stemming from a postconflict situation. Considering that the amount of dollars in circulation is unusually high, we attempt to estimate the true degree of dollarization empirically. . . .

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