CURRENCY DEVALUATION AND CONTRACTIONARY POLICY IN CURRENCY CRISIS: A SUPPLY-SIDE APPROACH
In a series ofrecent currency crises involving Asian and Latin American countries, the IMF mandated its standard contractionary programs to the countries it had bailed out. Focusing on the supply side of an economy, we argue that the deflationary programs may have adverse effects for countries, whic...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
People & Global Business Association (P&GBA)
2005-06-01
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| Series: | Global Business and Finance Review |
| Subjects: | |
| Online Access: | http://www.gbfrjournal.org/pds/journal/thesis/20150624120205-8DJY5.pdf |