This paper provides a survey of the issues involved in the design of stabilization measures aimed at either correcting excessive balance of payments deficits or moderating the rate of inflation or both. It is divided into three parts. The first focuses on balance of payments adjustment, wherein three archetypical sources of balance of payments difficulties are distinguished, excessively expansionary aggregate demand policies, domestic supply shocks...
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1983/10/31
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Рабочий документ департамента
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CPD8417
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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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Stabilization policies in developing countries
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