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Dollarization and Its Implications in Ghana

Author

Listed:
  • Stryker, J.D.

Abstract

This paper reviews the dollarization and currency substitution literature with special regard to its implications for Ghana. It assesses the significance of dollarization in Ghana relative to the experience of other countries and with regard to evidence of increased use of foreign currency in Ghana. As a result of relaxation of foreign exchange regulations and increased inflation, the move to foreign currency is not entirely unexpected.

Suggested Citation

  • Stryker, J.D., 1999. "Dollarization and Its Implications in Ghana," Equity and Growth through Economic Research 19, EAGER Publication/BHM.
    • Handle: RePEc:fth:eagerd:19
    as

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    More about this item

    Keywords

    FINANCIAL POLICY ; EXCHANGE RATE;

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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