The Resource Analyzing balance-sheet vulnerabilities in a dollarized economy : the case of Georgia, Andreas Billmeier and Johan Mathisen

Analyzing balance-sheet vulnerabilities in a dollarized economy : the case of Georgia, Andreas Billmeier and Johan Mathisen

Label
Analyzing balance-sheet vulnerabilities in a dollarized economy : the case of Georgia
Title
Analyzing balance-sheet vulnerabilities in a dollarized economy
Title remainder
the case of Georgia
Statement of responsibility
Andreas Billmeier and Johan Mathisen
Creator
Contributor
Author
Subject
Language
eng
Summary
Balance-sheet analysis (BSA) complements traditional flow-oriented macroeconomic analysis by gauging mismatches in aggregate and sectoral balance sheets of an economy. Enabled by recent progress in data availability, this paper applies BSA to Georgia, focusing on currency mismatches. In reviewing developments over the last five years, the paper finds that the still-high level of dollarization continues to create financial vulnerabilities, but that the overall level of currency mismatch has fallen and that liquidity problems are unlikely, in part owing to a strengthening of sectoral buffers, hedges, and insurance against shocks. Policy recommendations include accumulating reserves, strengthening securities markets, enhancing banking supervision, and maintaining a flexible exchange rate
Member of
Action
digitized
Cataloging source
E7B
Government publication
international or intergovernmental publication
Illustrations
charts
Index
no index present
LC call number
HG3873.G28
LC item number
B55 22006eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/06/173
Label
Analyzing balance-sheet vulnerabilities in a dollarized economy : the case of Georgia, Andreas Billmeier and Johan Mathisen
Publication
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn694141077
Dimensions
unknown
Extent
1 online resource (27 pages)
Form of item
online
Isbn
9781451986976
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
graph
http://library.link/vocab/recordID
.b35438125
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)694141077
  • imf1283517485
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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