Showing 1 - 9 of 9
complicate policy implementation. Global inflation pressures, greater exchange rate volatility, and the financial stresses from …
Persistent link: https://www.econbiz.de/10011245907
This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and international competitiveness.
Persistent link: https://www.econbiz.de/10005767344
dataset covering reforms of domestic product markets, international trade, the domestic financial sector, and the external … financial reforms (and, in particular, domestic financial liberalization, trade liberalization, and agricultural liberalization …) boost income growth. However, growth effects differ significantly across alternative reform sequencing strategies: a trade …
Persistent link: https://www.econbiz.de/10010790490
Persistent link: https://www.econbiz.de/10005252523
Persistent link: https://www.econbiz.de/10005590867
volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be …
Persistent link: https://www.econbiz.de/10005590880
Persistent link: https://www.econbiz.de/10005590912
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal...
Persistent link: https://www.econbiz.de/10005590939
In recent years, the appropriate level and structure of interest tates have come to be seen as major issues in connection with stabilization programs undertaken by members. These issues arise from consideration both on the demand side, as interest rates affect the magnitude of aggregate demand,...
Persistent link: https://www.econbiz.de/10005590946