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Economists and policy-makers have long sought the ideal framework for monetary policy as it is arguably one of the most important tools for government to influence the economy. Exchange rate and inflation are believed to be the most appealing anchors for providing guidance to the conduct of...
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A contribution to the debate on the efficacy of monetary policy and some implications in the case of Brazil. The main … payments crisis Brazil because of its deleterious impact on investment and growth. (Rev Econ Polit/GIGA) …
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