The International Monetary Fund and Stabilisation Policy in Small Open Economies

Graham Bird

Chapter 10 in International Macroeconomics, 1987, pp 139-150 from Palgrave Macmillan

Abstract: Abstract As our second case-study of open-economy macroeconomics we take the example of the IMF’s involvement in policy formulation in countries that borrow from it. What policy advice does the Fund offer and is this consistent with the model of the open economy that has been described in earlier chapters of this book? If the advice is inconsistent with such a model how could it be made consistent?

Keywords: Monetary Policy; Current Account; Full Employment; Small Open Economy; Monetary Expansion (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-09829-0_10

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DOI: 10.1007/978-1-137-09829-0_10

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