International experiences of De-dollarization: What could be done in the Turkish case?
Published on Thursday, December 14, 2017 | Updated on Thursday, December 14, 2017
International experiences of De-dollarization: What could be done in the Turkish case?
Summary
Financial dollarization exposes countries to shocks which can trigger severe financial and economic problems. This note describes a few successful country experiences of de-dollarization. A key lesson is that macroeconomic stability and particularly price stability and low inflation is a pre-condition for starting a successful de-dollarization process.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
- Financial Regulation
Tags
Authors
Alvaro Ortiz
BBVA Research - Head of Analysis with Big Data
Olga Gouveia
BBVA Research - Lead Economist
Deniz Ergun
BBVA Research - Senior Economist
Documents and files
Report (PDF)
BBVA-Research-EW_-DeDollarization-in-Turkey_14-December-2017
English - December 14, 2017