IMF Stabilization Programs
Published • Jan 1, 2003
NobleIDNI0P11W51R60S46
Authors:,,
Anne O. Krueger
Stanley Fischer
Jeffrey D. Sachs
Abstract
IMF Stabilization Programs 2997. It is possible, of course, that favorable shifts in the terms of trade could offset the appreciation of the real exchange rate.However, this would be coincidence, and it is assumed here that there is no such offset.Without domestic inflation, the same excess demand f...
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