TY  - BOOK
TI  - Unravelling the persistence of dollarization: the case of Georgia
AU  - Eradze, Ia
PY  - 2023
PB  - Routledge, Taylor & Francis Group
LA  - eng
KW  - Dollarization
KW  - Monetary policy
KW  - Dollarisation
KW  - Politique monétaire
KW  - Georgia (Republic)
KW  - Géorgie (République)
AB  - "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. A high level of dollarization is a significant barrier to economic growth, macroeconomic and political stability, functional monetary policy, as well as social welfare. The Covid-19 crisis and the increasing debt of developing countries in foreign currency exacerbate dollarization-related vulnerabilities for these economies. This book will be of interest to postgraduate students in global/comparative political economy, development economics or transition economies, researchers in monetary sovereignty, central banking, exchange rate policies, currency hierarchy, money, financialization, and policy makers in dollarized countries and global institutions"--
UR  - https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=3380327
SN  - 1003240178
SN  - 9781000719031
SN  - 1000719030
T2  - Europa economic perspectives
UR  - https://www.pollux-fid.de/r/ebsco-3380327
H1  - Pollux (Fachinformationsdienst Politikwissenschaft)
ER  -