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Cambodian Dollarization: Its Policy Implications for LDCs' Financial Development

2024 selection and editorial matter, Hidenobu Okuda and Serey Chea; individual chapters, the contributors ;ISBN: 1000955559 ;ISBN: 9781000955552 ;ISBN: 9781032489162 ;ISBN: 1032489170 ;ISBN: 1032489162 ;ISBN: 9781032489179 ;ISBN: 9781003391418 ;ISBN: 1003391419 ;EISBN: 1003391419 ;EISBN: 1000955559 ;EISBN: 9781000955576 ;EISBN: 9781003391418 ;EISBN: 1000955575 ;EISBN: 9781000955552 ;DOI: 10.4324/9781003391418

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  • Title:
    Cambodian Dollarization: Its Policy Implications for LDCs' Financial Development
  • Author: Okuda, Hidenobu ; Chea, Serey
  • Okuda, Hidenobu ; Chea, Serey ; Chea, Serey ; Okuda, Hidenobu
  • Subjects: Cambodian ; Central Bank ; Digital Currency ; Dollarization ; Economics ; Financial System
  • Description: This book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the end of 1998, when full piece reigned over the kingdom. It uses the micro-level data collected through nationwide surveys conducted jointly by the National Bank of Cambodia and JICA Ogata Sadako Research Institute in 2014 and 2017. By applying econometric analysis to collected data, the book analyses in detail the structures and mechanisms of dollarization in households, companies, and financial institutions. It also provides detailed information on the historical development of Cambodian dollarization, international comparisons with various cases of dollarization in countries around the world, and the impact of NBC's issuance of CBDC (particularly Bakong) on the use of local and foeign currencies. The Cambodian case shows that financial development of low- and middle-income countries is promoted mutually by dollarization and that policies to separate the two are necessary to curb dollarization. This book will be of interest to students, researchers and policy-makers concerned with dollarization and economics in Southeast Asia.
  • Publisher: United Kingdom: Taylor & Francis
  • Creation Date: 2024
  • Format: 244
  • Language: English
  • Identifier: ISBN: 1000955559
    ISBN: 9781000955552
    ISBN: 9781032489162
    ISBN: 1032489170
    ISBN: 1032489162
    ISBN: 9781032489179
    ISBN: 9781003391418
    ISBN: 1003391419
    EISBN: 1003391419
    EISBN: 1000955559
    EISBN: 9781000955576
    EISBN: 9781003391418
    EISBN: 1000955575
    EISBN: 9781000955552
    DOI: 10.4324/9781003391418
  • Source: OAPEN
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