Ia Eradze is a researcher at the Institute for Social and Cultural Research, Ilia State University. She is interested in finance and state-building in post-socialist states.

February 1, 2023


Unraveling Dollarization

State-building, accumulation, and debt in post-revolutionary Georgia

The financial crises of the 1990s in Asia, Argentina, and Russia sparked growing interest in the phenomenon of dollarization—the use of a foreign currency to perform national currency function. Dollarization, however, has a history dating back to the nineteenth history.…