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The price of postponed adjustment

The price of postponed adjustment

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_reports_209389560

The price of postponed adjustment

About this item

Full title

The price of postponed adjustment

Publisher

Washington, D.C: International Monetary Fund

Journal title

Finance & Development, 1989-09, Vol.26 (3), p.34

Language

English

Formats

Publication information

Publisher

Washington, D.C: International Monetary Fund

More information

Scope and Contents

Contents

The longer adjustment to economic shocks takes, the movement of macroeconomic indicators will become more volatile, and the eventual adjustment will be larger. It is suggested that "devaluation crises" in LDCs are a result of a failure to adjust promptly in response to domestic or external shocks, not the shocks themselves.

Alternative Titles

Full title

The price of postponed adjustment

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_proquest_reports_209389560

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_reports_209389560

Other Identifiers

ISSN

0145-1707,0015-1947

E-ISSN

1564-5142

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