Lao People's Democratic Republic : Selected Issues and Statistical Appendix.

This Selected Issues paper examines the main causes for the surge in dollarization in the Lao People's Democratic Republic (Lao PDR). It explores various strategies that may be adopted to maintain low inflation and thus, indirectly, encourage the use of the national currency. The paper highligh...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Staff Country Reports; Country Report ; No. 2002/061
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper examines the main causes for the surge in dollarization in the Lao People's Democratic Republic (Lao PDR). It explores various strategies that may be adopted to maintain low inflation and thus, indirectly, encourage the use of the national currency. The paper highlights that foreign currencies now account for the largest component of the domestic money supply. This situation, although encouraging in a country with poorly developed financial institutions, poses several challenges for the authorities.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (58 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students