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The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses George Tavlas Reprinted from OPEN ECONOMIES REVIEW, 7:Sup.1, 199 edition
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The Collapse of Exchange Rate Regimes: Causes, Consequences and Policy Responses
George Tavlas
The stances of monetary and fiscal policies may be consistent with the authorities' exchange rate target, but domestic economic indicators (such as the unemployment rate) may be inconsistent with internal balance, resulting in pressures on the authorities to relax macroeconomic policies.
252 pages, biography
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