Fiscal Issues in Adjustment Programs

Vito Tanzi
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Vito Tanzi: International Monetary Fund

A chapter in Fiscal Issues in Adjustment in Developing Countries, 1993, pp 21-42 from Palgrave Macmillan

Abstract: Abstract Because of large macroeconomic disequilibria characterized by inflation, balance of payments difficulties, and increasing debt obligations, in recent years many countries have adopted economic programs aimed at “adjusting” their economies. By and large, adjustment has aimed at reducing the rate of inflation, improving the balance of payments, and promoting economic growth.

Keywords: International Monetary Fund; Fiscal Policy; Real Wage; Public Enterprise; Adjustment Program (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1007/978-1-349-22790-7_2

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