What is the Impact of Dollarization in Developing Economies?

Husnu Dalgic
Profile Picture of - Husnu Dalgic

Husnu Dalgic

Abstract information

In developing economies, significant amounts of financial intermediation take place in foreign currency, a phenomenon referred to as dollarization. In this video, HUSNU DALGIC analyzes dollarization and its impacts. Looking at data on households and companies as well as broader economic trends, Dalgic’s work calls into question the broadly held assumption that dollarization leads to financial instability. Defining dollarization as a ‘within country insurance arrangement’, the research shows how borrowing and lending in a foreign currency can bring significant benefits.

DOI:

https://doi.org/10.21036/LTPUB101032

Researcher

Husnu Dalgic is a postdoctoral researcher in the Department of Economics at the University of Mannheim. Having completed his doctoral work at Northwestern University, Dalgic’sresearch focuses on macroeconomics and international economics. A member since 2018 of the Collaborative Research Center CRC TR 224 Bonn-Mannheim, Dalgic received the first prize in the 2017 Central Bank of Turkey Research Award on Emerging Markets.

Institution information

University of Mannheim (Universität Mannheim)

The University of Mannheim is frequently cited as the “Harvard of Germany,” primarily due to its world-class reputation in business administration and economics. Centered within the magnificent Mannheim Palace, one of the largest baroque buildings in Europe, the university provides a unique architectural setting for its academic pursuits. It is highly regarded for its research-driven curriculum and strong ties to the corporate sector, consistently ranking as the top German institution for social sciences and business. With a focused profile and a highly international outlook, it remains a premier destination for future leaders in finance, politics, and academia.
University of Mannheim (Universität Mannheim)
Cover Photo of - University of Mannheim (Universität Mannheim)

Original Publication

Financial dollarization in emerging markets: Efficient risk sharing or prescription for disaster?

Lawrence J. Christiano,

Hüsnü Dalgıc,

Armen Nurbekyan

Published in

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Citation

Husnu Dalgic, 

Latest Thinking, 

What is the Impact of Dollarization in Developing Economies?, 

https://doi.org/10.21036/LTPUB101032, 

Credits:

© Husnu Dalgic 

and Latest Thinking

This work is licensed under CC-BY 4.0