The price of postponed adjustment
The price of postponed adjustment
About this item
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Author / Creator
Publisher
Washington, D.C: International Monetary Fund
Journal title
Language
English
Formats
Publication information
Publisher
Washington, D.C: International Monetary Fund
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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
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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