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OverviewThis book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the end of 1998, when full peace reigned over the kingdom. It uses the micro-level data collected through nationwide surveys conducted jointly by the National Bank of Cambodia and JICA Ogata Sadako Research Institute in 2014 and 2017. By applying econometric analysis to collected data, the book analyses in detail the structures and mechanisms of dollarization in households, companies, and financial institutions. It also provides detailed information on the historical development of Cambodian dollarization, international comparisons with various cases of dollarization in countries around the world, and the impact of NBC's digital payment platforms (particularly Bakong) on the use of local and foeign currencies. The Cambodian case shows that financial development of low- and middle-income countries is promoted mutually by dollarization and that policies to separate the two are necessary to curb dollarization. This book will be of interest to students, researchers and policy-makers concerned with dollarization and economics in Southeast Asia. Full Product DetailsAuthor: Hidenobu Okuda (Teikyo University, Japan) , Serey Chea (National Bank of Cambodia, Cambodia)Publisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.612kg ISBN: 9781032489162ISBN 10: 1032489162 Pages: 224 Publication Date: 07 September 2023 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1 Development and Structure of Dollarization in Cambodia 2 Dollarization in Households 3 Enterprise and Dollarization 4 Dollarization and Financial Institutions 5 Currency Exchange Under Payments Dollarization 6 Electronic Payment and Promotion of Local Currency 7 Dollarization in Other Emerging Economies and Developing Countries 8 Strategies for Promotion of Khmer RielReviewsAuthor InformationHidenobu Okuda is a professor in the School of Economics at Teikyo University and a visiting scholar at the JICA Ogata Research Institute. Serey Chea is the governor at the National Bank of Cambodia. Tab Content 6Author Website:Countries AvailableAll regions |
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