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Palgrave Macmillan

Dollarization and De-dollarization in Transitional Economies of Southeast Asia

  • Book
  • © 2017

Overview

  • Presents key factors that characterize the dollarization trends in four Southeast Asian countries
  • Examines in-depth case studies by practitioners of respective countries or experts working on these countries
  • Offers a concise guide to the macroeconomic and financial sector development of the transitional economies in Southeast Asia
  • Includes supplementary material: sn.pub/extras
  • Includes supplementary material: sn.pub/extras

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

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About this book

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.

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Keywords

Table of contents (7 chapters)

Reviews

“This book explores the concepts of dollarization and de-dollarization in Cambodia ... With growing interest in the financial development of CLMV economies, this book proves to be an invaluable resource on the topic of dollarization in the region.” (Linda Low, Journal of Southeast Asian Economies, Vol. 35 (1), April, 2018)

Editors and Affiliations

  • Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO), Chiba, Japan

    Koji Kubo

About the editor

Koji Kubo is Senior Research Fellow, Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO), Japan.

Bibliographic Information

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