The Perils of Sterilization.
The paper argues that the sterilization of capital inflows at the start of a price-stabilization program may give rise to future pressures to discontinue the program as a result of the unduly high debt-service burden that the sterilization policy may generate.
| 企業作者: | |
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1990.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1990/013 |
| 在線閱讀: | Full text available on IMF |