Titlebook: Experiences with Financial Liberalization; Kanhaya L. Gupta (Professor of Economics) Book 1997 Springer Science+Business Media New York 19

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書目名稱Experiences with Financial Liberalization讀者反饋




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Acquired

碌碌之人

Financial Repression and Seigniorage in Ghanaociated with government’s sovereign monopoly in issuing fiat money. Following the definition of seigniorage by many economists—for example, Blanchard and Fischer (1990)—the total seigniorage revenue is defined to consist of inflation tax, which is the rate of inflation multiplied by the real money stock, and the growth in real money balances.

雄辯

Financial Liberalization and Stabilization Policies3, and the events that followed during the first decade convinced many observers at the time to pronounce it a big failure (see, e.g., Corbo, 1985; Corbo and de Melo, 1987; Edwards and Edwards, 1987). The development of the economy since then has produced a different picture.

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勾引

https://doi.org/10.1007/978-3-642-66919-4 managed monetary policy characterized by repressive financial practices followed by a liberal one. What happened in Senegal, and elsewhere, would seem to suggest that reversing policies over a period of time does not necessarily lead to a corresponding reversal in the performance of the economy in

勾引

,Sitzung 6: Ver?nderungen im Alter,ociated with government’s sovereign monopoly in issuing fiat money. Following the definition of seigniorage by many economists—for example, Blanchard and Fischer (1990)—the total seigniorage revenue is defined to consist of inflation tax, which is the rate of inflation multiplied by the real money s

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