Dedollarization in Liberia-Lessons From Cross-Country Experience / / Jeta Menkulasi, Lodewyk Erasmus, Jules Leichter

• Autore: Menkulasi Jeta
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (25 p.)
• Disciplina: 332.4;332.49696
• Soggetto topico: Money - Liberia; Dollar, American; Bank deposits; Banking; Banks and Banking; Banks and banking; Banks; Currencies; Depository Institutions; Dollarization; Economic sectors; Financial Institutions and Services: General; Financial sector; Financial services industry; Financial services; Government and the Monetary System; Industries: Financial Services; Micro Finance Institutions; Monetary base; Monetary economics; Monetary Policy; Monetary policy; Monetary Policy, Central Banking, and the Supply of Money and Credit: General; Monetary Systems; Money and Monetary Policy; Money supply; Money; Mortgages; Payment Systems; Regimes; Standards
• Soggetto geografico: Liberia
• Altri autori: ErasmusLodewyk LeichterJules
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; Table; 1. History of Currencies in Liberia; Figures; 1. International Comparison of Dollarization: Foreign Currency Deposits to; I. Macroeconomic Management in a Dollarized Economy; II. International Experience with Dedollarization; 2. Liberia: Real Effective Exchange Rate and CPI; Box; 1. Experience with Dedollarization; 3. Increases in dollarization: 2000-07; 4. Decreases in dollarization: 2000-07; III. Lessons and Policy Options for Liberia; IV. Conclusion; References; Appendix; I. Estimating the Degree of Dollarization in Liberia; Appendix Table; 1. Dollarization in Liberia ; Attachment1. Estimating US Dollars in Circulation
• Sommario/riassunto: Liberia's experience with a dual currency regime, with the U.S. dollar enjoying legal tender status, dates to its founding as a sovereign country in 1847. Following the end of the most recent episode of civil war in late-2003, the new government has expressed interest in strengthening the role of the Liberian dollar. Liberia, however, is heavily dollarized, with the U.S. dollar estimated to account for about 90 percent of money supply. Cross-country experience suggests that dollarization does not preclude monetary policy from achieving its primary objective of price stability, and that successful and lasting dedollarization may be difficult to achieve.
• Titolo autorizzato: Dedollarization in Liberia-Lessons From Cross-Country Experience
• ISBN: 9786612842597; 9781462325511; 1462325513; 9781452777320; 1452777322; 9781451871852; 1451871856; 9781282842595; 1282842595
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910970784103321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2009/037