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This paper re-emphasizes the importance of price stability as a tool for macroeconomic policy and make it more specific by considering a typically (unanticipated) advantage of stabilizing the Consumer Price Index (CPI). I briefly review the recent economic growth performance of the Indian...
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-- Part II: Short-term Liquidity. Chapter 5: Regional Monetary Co‐operation in the Developing World: Taking Stock -- Chapter 6 …
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