Theoretical Aspects of the Design of Fund-Supported Adjustment Programs
September 15, 1987
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This paper was originally prepared for a seminar of the Executive Board of the Fund. In the seminar, Executive Directors expressed a broad range of views with regard to both the adequacy of the Fund's approach to financial programming and the validity of the analysis presented in this paper.
Subject: Demand for money, Domestic credit, Exchange rate adjustments, External debt, Foreign exchange, Monetary base, Monetary expansion, Monetary policy, Money
Keywords: adjustment program, balance of payments outcome, Demand for money, Domestic credit, Exchange rate adjustments, Fund, fund staff, Global, Monetary expansion, OP, policy target, policy variable
Pages:
56
Volume:
1987
DOI:
Issue:
007
Series:
Occasional Paper No. 1987/007
Stock No:
S055EA0000000
ISBN:
9780939934997
ISSN:
0251-6365
