Money-Based Versus Exchange-Rate-Based Stabilization : Is There Space for Political Opportunism?

Is There Space for Political Opportunism?

Money-Based Versus Exchange-Rate-Based Stabilization : Is There Space for Political Opportunism?
In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent to which these stabilization programs were designed for political motives is not clear. Since exchange-rate-based stabilizations (ERBS) create an initial consumption boom followed by a contraction, whereas money-based... READ MORE...

Publication date: June 2004
ISBN 9781451851755
$15.00

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