This study examines the challenges and issues facing policymakers in highly dollarized economies. Focusing on Cambodia, which achieved almost complete dollariza

Dollarization - the holding by residents of a substantial portion of their assets in foreign-currency-denominated assets- is a common feature of developing and

Theoretical and empirical analysis of de jure dollarization. With the persistent instability of international financial markets, emerging economies are explorin

This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities’ intention is to gain greater c

This paper identifies key aspects that countries willing to officially dollarize must necessarily address. Based on country experiences, it discusses the critic