Inflation, Credibility, and the Role of the International Monetary Fund /

This paper argues that many developing countries may find it difficult to buttress disinflation programs purely through the adoption of traditional credibility-enhancing devices (such as monetary anchors and central bank independence), owing to 'technical problems' (for example, high insta...

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Hlavní autor: Giannini, Curzio
Další autoři: Cottarelli, Carlo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1998.
Edice:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1998/012
On-line přístup:Full text available on IMF