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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 highlights th...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Inflation
Government And The Monetary System
Payment Systems
Credit
Tariffs
Tariff
Banks
International Trade Organizations
Dollarization
Public Finance & Taxation
Regimes
Monetary Economics
Taxes
Trade Policy
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Trade: General
Exports And Imports
Mortgages
International Economics
Money
Standards
Commercial Policy
International Trade
Banks And Banking
Currencies
Monetary Systems
Macroeconomics
Monetary Policy
Banking
Taxation
Money And Monetary Policy
Imports
Lao People's Democratic Republic
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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
Physical Description:58 pages
ISBN:9781451822434

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