monetary policy
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ANALYSIS Somalia's economy is fully dollarized, what are the implications?
Somalia's economy is fully dollarized. The shilling is no longer really used to buy items that cost anything more than $10. Two papers helped me better understand what the implications of a fully dollarized economy may be. This is a general overview: Full Dollarization The Pros and Cons This...- Thegoodshepherd
- Thread
- economics inflation monetary policy
- Replies: 5
- Forum: Somali Politics
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R
Modern Monetary Theory
Is anyone familiar with MMT? It's sounds like communism on steroids imo. A lot of US politicians like AOC and Bernie are pushing for it. Still don't understand how inflation would be controlled but this seems like a perfect fit for Somalia's situation.- Ras
- Thread
- economic theory economics fiscal policy monetary policy
- Replies: 7
- Forum: Development