Trade Reform and Inflation Stabilization /

This paper examines two important issues for a small high-inflation open economy with trade controls where the government implements an exchange-rate based stabilization program: first, the extent to which the degree of openness of the economy influences the probability of success of the program; an...

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Detalles Bibliográficos
Autor principal: Kumar, Manmohan
Otros Autores: Arora, Vivek
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1994.
Colección:IMF Working Papers; Working Paper ; No. 1994/130
Acceso en línea:Full text available on IMF
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245 1 0 |a Trade Reform and Inflation Stabilization /  |c Manmohan Kumar, Vivek Arora. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1994. 
300 |a 1 online resource (26 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines two important issues for a small high-inflation open economy with trade controls where the government implements an exchange-rate based stabilization program: first, the extent to which the degree of openness of the economy influences the probability of success of the program; and second, the conditions under which a trade reform, implemented in conjunction with the stabilization program, will increase the probability that stabilization will be successful. The paper shows that in an economy with high export and import price elasticities, structural reforms to increase openness can be important in determining the success of the program. 
538 |a Mode of access: Internet 
700 1 |a Arora, Vivek. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/130 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/130/001.1994.issue-130-en.xml  |z IMF e-Library