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Protecting poor Jamaicans from currency devaluation (الإنجليزية)

The Jamaican government liberalized the exchange rate in 1991 which resulted in a depreciation of the dollar. The government expressed concern over the effect of the movement in the exchange rate on the population's living standards, especially the poor, and a desire to expand its safety net programs. This paper is a quick attempt to assess how the poor may be affected by the devaluation and how they may be helped with the safety net. Emphasis is...
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