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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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1998/012 |
| Online Access: | Full text available on IMF |