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01672cas a2200241 a 4500 |
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AALejournalIMF010095 |
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|c 5.00 USD
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|z 9781451971040
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Exchange Rate and the Price Level in Socialist Economies.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1990.
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|a 1 online resource (26 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper examines how the evolution from a classical centrally planned economy to a more market-oriented system will enhance the linkage between the exchange rate and the domestic price level. However, during the transition--as the economy continues to be predominantly state-owned, the inherited production structure is only gradually modified, capital and labor mobility are still relatively low and financial discipline is less-than-complete--the elasticity of the domestic price level with respect to a change in the exchange rate, or, to a change in world market prices, may still be lower than in an otherwise comparable market economy.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1990/050
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1990/050/001.1990.issue-050-en.xml
|z IMF e-Library
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