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Author: Shantayanan Devarajan
Publisher: World Bank Publications
ISBN:
Category : Economics
Languages : en
Pages : 37
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Book Description
Fixed exchange rates have been a bad bargain for the CFA member countries. Under reasonable tradeoffs between output and inflation, these countries would have been better off having the flexibility to adjust to external shocks.
Author: Shantayanan Devarajan
Publisher: World Bank Publications
ISBN:
Category : Economics
Languages : en
Pages : 37
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Book Description
Fixed exchange rates have been a bad bargain for the CFA member countries. Under reasonable tradeoffs between output and inflation, these countries would have been better off having the flexibility to adjust to external shocks.
Author: Shantayanan Devarajan
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 44
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Book Description
Author:
Publisher: Routledge
ISBN: 1135979677
Category :
Languages : en
Pages : 783
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Book Description
Author: Mr.Carlo Cottarelli
Publisher: International Monetary Fund
ISBN: 9781557754196
Category : Business & Economics
Languages : en
Pages : 772
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Book Description
This book, edited by Tomás J.T. Baliño and Carlo Cottarelli, addresses some of the strategic issues faced by policymakers in the choice of a monetary regime. Following an overview of some of these issues, the book considers the various theoretical or practical frameworks for the implementation of monetary policy. It then focuses on how monetary policy should be implemented.
Author: Mrs.Stefania Bazzoni
Publisher: International Monetary Fund
ISBN: 1451961057
Category : Business & Economics
Languages : en
Pages : 86
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Book Description
This paper investigates the relationship between fiscal performance in 28 sub-Saharan African countries over the 1980-91 period with movements in the exchange rates, the terms of trade, and other macroeconomic aggregates. It finds that the tax base in most of these countries is heavily dependent on imports and import substitutes. Consequently, an overvaluation of the exchange rate in countries which adopted a fixed exchange rate strategy undermines the tax base and results in a widening of the fiscal deficit when the purpose of the strategy is to restore the real exchange rate to its equilibrium through fiscal contraction. Those countries which pursued a variable exchange rate strategy failed in attaining price stability, but exchange rate adjustment was critical in contributing to other macroeconomic objectives, particularly fiscal balance, competitiveness, and growth.
Author: Karen McConnell Brooks
Publisher: World Bank Publications
ISBN:
Category : Agricultural administration
Languages : en
Pages : 45
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Book Description
An agricultural transition when demand is constrained is more difficult to manage than when the fruits of institutional change and productivity growth find ready outlets. Any progress on the demand side -- by increasing domestic demand or improving performance in export markets -- will give a major impetus to the institutional changes needed on the supply side.
Author: Esra Bennathan
Publisher: World Bank Publications
ISBN:
Category : Privatization
Languages : en
Pages : 41
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Book Description
Options for restructuring the Volàn group -- the current provider of Hungary's public passenger and freight transport services and the largest enterprise in Hungary's road transport industry.
Author: Sergio Rebelo
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 58
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Book Description
Author: Will Martin
Publisher: World Bank Publications
ISBN:
Category : Agricultura - Indonesia
Languages : en
Pages : 24
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Book Description
Author: Sebastian Edwards
Publisher: Cambridge University Press
ISBN: 9780521597111
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
The essays collected in this volume discuss the impact of increased capital mobility on macroeconomic performance.
