This paper provides a theoretical framework to understand the way in which exchange controls modify the behavior of the different agents in the economy, leading to the creation of a parallel market economy. It gives the necessary theoretical elements to analyze this parallel market economy and provides a simple methodology to obtain relevant quantitative information about it. Finally, the paper elaborates on some of the policy implications of the...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1984/08/31
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Рабочий документ департамента
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CPD8434
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1
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1
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2017/11/15
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Disclosed
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Exchange controls and the parallel market economies in sub-Saharan Africa
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exchange control
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Официальная версия документа (может содержать подписи, и т.д.)