- Browse
-
Countries
-
Asia and the Pacific
- Australia
- Bangladesh
- Bhutan
- British Indian Ocean Territory
- Brunei Darussalam
- Cambodia
- China
- Cook Islands
- Cyprus
- Fiji
- Hong Kong
- India
- Indonesia
- Israel
- Japan
- Kiribati
- Korea, Republic of
- Lao People's Democratic Republic
- Macao
- Malaysia
- Maldives
- Marshall Islands
- Micronesia, Federated States Of
- Mongolia
-
Europe
- Albania
- Andorra
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Finland
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Macedonia, the Former Yugoslav Republic Of
- Malta
- Moldova, Republic of
- Monaco
- Montenegro
- Netherlands
- Norway
- Poland
- Middle East
- Sub-Saharan Africa
-
Western Hemisphere
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bermuda
- Bolivia
- Brazil
- Canada
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Grenada
- Guatemala
- Guyana
- Haiti
-
Asia and the Pacific
-
Topics
-
Business and Economics
- Banks and Banking
- Business and Economics - Statistics
- Commercial Policy
- Corporate Governance
- Development - Economic Development
- Economic Conditions
- Economics / General
- Economics- Macroeconomics
- Environmental Economics
- Exports and Imports
- Finance
- Government and Business
- Industrial Management
- Industries - Energy
- Industries - Food Industry
- Industries - Hospitality Travel and Tourism
- Industries - Manufacturing
- Industries - Pharmaceutical and Biotechnology
- Industries- General
- Inflation
- Insurance - Risk Assessment and Management
- International - Economics
- International Taxation
- Investments and Securities-General
- Education
- Law
- Medical
- Nature
-
Political Science
- Civics and Citizenship
- Globalization
- International Relations - Trade and Tariffs
- Labor and Industrial Relations
- NGOs (Non-Governmental Organizations)
- Peace
- Political Process- General
- Public Affairs and Administration
- Public Policy
- Public Policy - City Planning and Urban Development
- Public Policy - Social Services and Welfare
- Public Policy- Environmental Policy
- Science
- Social Science
- Technology and Engineering
-
Business and Economics
-
Series
- Books and Analytical Papers
- IMF Statistics
-
Periodicals and Reports
- Annual Report of the Executive Board
- Annual Report on Exchange Arrangements and Exchange Restrictions
- Articles of Agreement
- By Laws, Rules & Regulations
- External Sector Report
- Finance and Development
- Fiscal Monitor
- Global Financial Stability Report
- IMF How To Notes
- IMF Research Bulletin
- IMF Staff Papers
- IMF Survey
- Other
- Contact Us
- Tools
- Languages
How to De-Dollarize Financial Systems in the Caucasus and Central Asia?

Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the world, with adverse consequences for macroeconomic stability, monetary policy transmission, and financial sector development. Using dynamic panel data models, we find that foreign exchange deposits and loans in the CCA are mainly driven by volatile...
READ MORE...