



- Công bố khoa học và công nghệ Việt Nam
Kinh tế và kinh doanh
Đô la hóa với tăng trưởng kinh tế và bất ổn kinh tế vĩ mô: Bằng chứng tại các quốc gia mới nổi châu Á
Dollarization, economic growth and macroeconomic instability: Evidence in Asian emerging countries
Tạp chí Kinh tế & Phát triển
2022
300
2-12
1859-0012
This study was conducted to examine the impact of dollarization on economic growth and macroeconomic instability in Asian emerging countries. Using the data in the period 1996 - 2019 and the dynamic panel data approach through the system generalized method of moments, the results show that dollarization promotes economic growth and increases macroeconomic instability (as measured by instability in inflation). Domestic investment and foreign direct investment are factors contributing to boosting economic growth and reducing macroeconomic instability, whereas inflation, budget deficit and external debt have negative impacts on economic growth and increase instability in the economy. Based on the findings, we provide some policy implications to maximize the advantages and minimize the disadvantages of dollarization in the studied countries.
TTKHCNQG, CTv 60