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A political economic analysis of dollarization in Georgia, structured around three themes: the genesis of dollarization (1991-2003), the persistence of dollarization (2003-12) and the politicization of dollarization (2012-19).
List of contents
Contents
List of Figures, Tables, and Timelines
List of Abbreviations
Acknowledgements
Part I: Dollarization and its Discontents
1 Why does Dollarization Matter and What is at Stake?
2 The Obscurities of Dollarization
Part II: The Genesis of Dollarization
3 Dollarization within the Agenda of Dollar Diplomacy and Transition
4 The Georgian State as a Vessel of Dollarization
5 Hyperinflation: The Origins of Dollarization and the Birth of the Lari
6 A New Financial System Meets Dollarization
Part III: The Persistence of Dollarization
7 The Birth of the New Georgian State
8 Financialization and The Persistence of Dollarization
Part IV: The Politicization of Dollarization
9 The Politicization of Dollarization: The Currency Crisis Unfolding
10 Conclusion
Index
About the author
Ia Eradze is a researcher at the Institute for Social and Cultural Studies, Ilia State University, Tbilisi. She is also a fellow in the Legacies of Communism research network, which was initiated by the Leibniz Centre for Contemporary History in Potsdam (ZZF). Her area of research is political economy and historical evolution of finance in the post-socialist space. Her most recent pieces include Financialization of Monetary Policy in a Dollarized Economy: The case of Georgia, https://doi.org/10.1093/cje/beac019 Cambridge Journal of Economics and Taming Dollarization Hysteresis: Evidence from Post-socialist States, which will appear in an edited volume (Edward Elgar Publishing).
Summary
A political economic analysis of dollarization in Georgia, structured around three themes: the genesis of dollarization (1991–2003), the persistence of dollarization (2003–12) and the politicization of dollarization (2012–19).
