Limit search to available items
Book Cover
E-book
Author Menkulasi, Jeta

Title Dedollarization in Liberia-Lessons From Cross-Country Experience / Menkulasi, Jeta
Published Washington, D.C. : International Monetary Fund, 2009

Copies

Description 1 online resource (23 pages)
Series IMF Working Papers, 2227-8885 ; Working Paper No. 09/37
IMF Working Papers ; Working Paper no. 09/37
Summary 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
Notes Available in PDF, ePUB, and Mobi formats on the Internet
Form Electronic book
Author Leichter, Jules
Menkulasi, Jeta
Erasmus, Lodewyk
International Monetary Fund.
ISBN 1451916205
9781451916201