Dollarization and Its Implications in Ghana
AbstractThis paper reviews the dollarization and currency substitution literature with special regard to its implications for Ghana. It assesses the significance of dollarization in Ghana relative to the experience of other countries and with regard to evidence of increased use of foreign currency in Ghana. As a result of relaxation of foreign exchange regulations and increased inflation, the move to foreign currency is not entirely unexpected.
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Bibliographic InfoPaper provided by EAGER Publication/BHM in its series Equity and Growth through Economic Research with number 19.
Length: 23 pages
Date of creation: 1999
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Find related papers by JEL classification:
- F30 - International Economics - - International Finance - - - General
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- O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
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