De-dollarisation in Africa may exacerbate volatility
Keyword(s):
Subject Dollarisation in Africa. Significance Low levels of economic diversification throughout sub-Saharan Africa (SSA) and renewed macroeconomic volatility following the commodity price shock pose challenges to ongoing de-dollarisation efforts in the region. Impacts Local currency crises raise expectations of future crises, incentivising continued dollarised structures. Zimbabwe's cash shortages are likely to persist through the near term. Countries with higher levels of political instability may see greater financial dollarisation.
2018 ◽
Vol 14
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pp. 170-187
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2009 ◽
Vol 7
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pp. 361-363
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2018 ◽
Vol 16
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pp. 610-638
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