In the 1990s macroeconomic policies improved in a majority of developing countries, but the growth dividend from such improvement fell short of expectations, and a policy agenda focused on stability turned out to be associated with a multiplicity of financial crises. The authors take a retrospective look at the content and implementation of the macroeconomic reform agenda of the 1990s. They review the progress achieved with fiscal, monetary, and exchange...
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INFORMATION
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2004/11/01
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Document de travail de recherche sur les politiques
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WPS3456
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1
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1
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2010/07/01
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Macroeconomic stability in developing countries - How much is enough?
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Macroeconomic Stability