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Dollarization and De-dollarization in Transitional Economies of Southeast Asia

  • Koji Kubo

Part of the IDE-JETRO Series book series (IDE)

About this book

Introduction

This book sheds light on the dollarization trends of four transitional economies in Southeast Asia: Cambodia, Lao PDR, Myanmar, and Vietnam. Moving beyond the tendency to focus on the Latin American experience of dollarization and prolonged high inflation, the chapters in this book compare how payment dollarization has been more persistent than other types of dollarization in this region due to network externalities. The book illustrates that dollarization started in the underdeveloped financial system in these countries and that dollarization interacted with financial development, which is in contrast to dollarization in Latin America. This project extends the frontiers of empirical studies on dollarization. It will be of interest to students, researchers and policy makers concerned with dollarization and economics in Southeast Asia.

Keywords

Cambodia Vietnam Lao Myanmar currency macroeconomics financial development banking developing countries

Editors and affiliations

  • Koji Kubo
    • 1
  1. 1.Institute of Developing EconomiesJapan External Trade Organization (IDE-JETRO)ChibaJapan

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-57768-5
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2017
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-57767-8
  • Online ISBN 978-3-319-57768-5
  • Buy this book on publisher's site