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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Pattillo, Catherine
Tác giả khác: Adam, Christopher, Buffie, Edward, O'Connell, Stephen
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2004.
Loạt:IMF Working Papers; Working Paper ; No. 2004/216
Truy cập trực tuyến:Full text available on IMF