Money-Based Versus Exchange-Rate-Based Stabilization : Is There Space for Political Opportunism? /
In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent to which these stabilization programs were designed for political motives is not clear. Since exchange-rate-based stabilizations (ERBS) create an initial consumption boom followed...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2004.
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coleção: | IMF Working Papers; Working Paper ;
No. 2004/094 |
Acesso em linha: | Full text available on IMF |