The Long-term Adjustment Process: Major Policy Options

M. Panić
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M. Panić: Selwyn College

Chapter 6 in National Management of the International Economy, 1988, pp 101-117 from Palgrave Macmillan

Abstract: Abstract Elimination of fundamental disequilibria is a complex long-term process invariably associated with wide-ranging economic, social and, in many cases also, political changes. Most of them appear to be predominantly domestic in character. Yet, whatever the original aim, they are bound — to the extent that they alter significantly a country’s economic performance — to affect also at least some international economic relationships. The larger the countries involved the more likely this is to be the case.

Keywords: Exchange Rate; Policy Option; Wage Earner; Exchange Rate Change; Commercial Policy (search for similar items in EconPapers)
Date: 1988
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DOI: 10.1007/978-1-349-07129-6_6

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