Macroeconomic Adjustment In A Highly Dollarized Economy: The Case Of Cambodia
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Originally published | May 2002 |
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ID | 2011069 |
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. . . .