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Policies for Stabilization and Growth in Small Very Open Economies

Worrell, DeLisle - 2012

Small very open economies are different from large economies, in that they face a foreign exchange constraint that cannot be alleviated by depreciation of the real exchange rate or other policy. This constraint affects monetary, fiscal and exchange rate policy; fiscal sustainability and debt...

Persistent link: https://www.econbiz.de/10013097358