Unravelling The Persistence of Dollarization

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).

• ContentsList of Figures, Tables, and TimelinesList of AbbreviationsAcknowledgementsPart I: Dollarization and its Discontents1 Why does Dollarization Matter and What is at Stake?2 The Obscurities of DollarizationPart II: The Genesis of Dollarization3 Dollarization within the Agenda of Dollar Diplomacy and Transition4 The Georgian State as a Vessel of Dollarization5 Hyperinflation: The Origins of Dollarization and the Birth of the Lari6 A New Financial System Meets DollarizationPart III: The Persistence of Dollarization7 The Birth of the New Georgian State8 Financialization and The Persistence of DollarizationPart IV: The Politicization of Dollarization9 The Politicization of Dollarization: The Currency Crisis Unfolding10 ConclusionIndex