Kiss, Gábor P. (contributor); Karádi, Péter (contributor) - 2005
rate of revenue was the result of the widening of the tax base and not the
raising of tax rates or the introduction of new … potentially leading to higher interest rates and the devaluation of the
exchange rate. A prolonged deficit may also necessitate a … domestic adjustment process
involving higher interest rates in the long term and a revalued exchange rate, fulfilling the …