Exchange Market Reform, Inflation, and Fiscal Deficits

Exchange Market Reform, Inflation, and Fiscal Deficits
This paper examines the short- and long-run effects of exchange market reform in developing countries. The first part reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The second part studies analytically the short-run dynamics of the parallel market premium and the money... READ MORE...

Publication date: August 1995
ISBN 9781451850062
$15.00

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