Monetary and Fiscal Coordination in Small Open Economies /

This paper is concerned with the design of institutional arrangements for low inflation in small open economies. In the real world of information asymmetries, uncertain expectations and changeable preferences, it is not enough to create an autonomous and publicly accountable central bank. In additio...

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Bibliographic Details
Main Author: Worrell, Rupert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/056
Online Access:Full text available on IMF