In recent years orthodox stabilization programs aimed at improving the external payments position and reducing the rate of inflation have come under increasing criticism. The view that such programs impose significant economic costs, in terms of reduced growth and employment, has become fairly widespread. The purpose of this paper is to address some aspects of this criticism. Assuming that stabilization involves monetary and fiscal restraint, and...
انظر المزيد
تفاصيل
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1986/11/01
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ورقة عمل إدارية
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DRD206
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1
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1
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2013/6/05
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Disclosed
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Stabilization and economic growth in developing countries
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rate of growth of capacity output
تنزيل الملفات
تقرير كامل
نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)
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