Financial Repression and Exchange Rate Management in Developing Countries : Theory and Empirical Evidence for India /

Most developing countries have imposed restrictions on domestic and international financial transactions at one time or another. Such restrictions have allowed governments to generate significant proportions of their revenues from financial repression while restraining inflation. The eventual fiscal...

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Bibliographic Details
Main Author: Kohli, Renu
Other Authors: Kletzer, Kenneth
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/103
Online Access:Full text available on IMF