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- W1545498995 abstract "Dollarization, which can be considered as a wide-spread characteristic of the emerging market economies, is caused by economic units’ holding assets in foreign currency to prevent the value of their financial assets from the risk of devaluation of the national currency and to diversify their portfolio when the asset side of the balance sheets is considered. On the other hand, when the liability side of the balance sheets are considered, firms’, households’ and the government’s borrowing in foreign currency both from domestic and foreign sources causes dollarization. This paper constructs asset, liability and composite dollarization indices as indicators of the lasting dollarization process in Turkey, proposing measures for the degree of dollarization of the Turkish economy. All indices justify the success of the stabilization program that has been conducted since 2002, in reversing the dollarization trend." @default.
- W1545498995 created "2016-06-24" @default.
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- W1545498995 date "2005-01-01" @default.
- W1545498995 modified "2023-09-27" @default.
- W1545498995 title "Dolarizasyon Endeksleri: Turkiye’deki Dolarizasyon Surecine Iliskin Gostergeler" @default.
- W1545498995 cites W2054807175 @default.
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