Dollarization and Banking Sector: An Evaluation of the Effects of Currency Substitution on Bank Performance in Unofficially Dollarized Economies - Image 1

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VDM Verlag Dollarization and Banking Sector: An Evaluation of the Effects of Currency Substitution on Bank Performance in Unofficially Dollarized Economies

Name: Dollarization and Banking Sector: An Evaluation of the Effects of Currency Substitution on Bank Performance in Unofficially Dollarized Economies
Brand: VDM Verlag
Price: 44.0 GBP
Availability: InStock

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Description

As globalization has spread across borders, and financial markets have opened up in many closed economies, a new phenomenon has taken hold: More and more developing country residents began to hold their savings in other countries¿ currencies as opposed to their own, a phenomenon now known as ¿dollarization.¿ It is not only deposits but also credit that gets dollarized in these economies which further complicates financial intermediation in these economies and puts additional risks on the banks. This book provides recent research done on the effects of financial deposit dollarization on the performance of commercial and savings banks in dollarized economies. It sheds light on some of the questions raised recently on this subject by many leading economists. The analysis offered is not only for academics but also practitioners in the field, bankers who do business in such economies and want to get a complete understanding of the risks involved in these systems.

Product Specifications

Brand: VDM Verlag
Format: paperback
ASIN: 3639118138
Category: Books > Subjects > Business, Finance & Law > Accounting > International
Domain: Amazon UK
Release Date: 09 January 2009
Listed Since: 15 January 2009

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VDM Verlag Dollarization and Banking Sector: An Evaluation of the Effects of Currency Substitution on Bank Performance in Unofficially Dollarized Economies

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