Ia Eradze, "Unravelling The Persistence of Dollarization: The Case of Georgia "
English | ISBN: 1032145846 | 2022 | 258 pages | PDF | 8 MB
English | ISBN: 1032145846 | 2022 | 258 pages | PDF | 8 MB
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.
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