Dollarization in Sub-Saharan Africa : experience and lessons /

Dollarization--the use of foreign currencies as a medium of exchange, store of value, or unit of account--is a notable feature of financial development under macroeconomically fragile conditions. It has emerged as a key factor explaining vulnerabilities and currency crises, which have long been obse...

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Bibliographic Details
Main Authors: Maino, Rodolfo, 1961- (Author), Mecagni, Mauro (Author)
Corporate Authors: International Monetary Fund African Department, International Monetary Fund
Format: Book
Language:English
Published: Washington, DC : International Monetary Fund, [2015]
Series:International Monetary Fund. African Department (Series) ; 15/4
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