Exchange Rate Policy and the Management of Official and Private Capital Flows in Africa /
We focus on the management of highly persistent shocks to aid flows, including PRSP-related increases in net inflows, in three 'post-stabilization.' African economies with de jure flexible exchange rates. Such shocks have beneficent long-run effects, but when currency substitution is high...
| Autore principale: | Pattillo, Catherine |
|---|---|
| Altri autori: | Adam, Christopher, Buffie, Edward, O'Connell, Stephen |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2004.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2004/216 |
| Accesso online: | Full text available on IMF |
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