In attempting to liberalize and open their economy to the rest of the world, countries often encounter problems in implementing a specific sequence for their economic strategies. They deal with questions such as should domestic interest rates be raised before, after or at the same time capital controls are lifted. This note addresses some of these problems from a policy point of view and suggests a specific sequence of economic liberalization. Depending...
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INFORMATION
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1985/11/30
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Document de travail départemental
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CPD1
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1
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1
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2017/11/18
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Disclosed
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The sequencing of economic liberalization in developing countries
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