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Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability...
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. This paper provides the most comprehensive assessment of the distributional incidence of Turkey's fiscal policy to date. It … Turkey's achievements against peer countries. The results show that fiscal policy significantly reduces income inequality in … Turkey, driven by social spending on education and health, and complemented by direct taxes and transfer schemes that …
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