Author : International Monetary Fund
Release : 1990-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 690/5 ( reviews)
Book Synopsis The Perils of Sterilization by : International Monetary Fund
Download or read book The Perils of Sterilization written by International Monetary Fund. This book was released on 1990-01-01. Available in PDF, EPUB and Kindle. Book excerpt: The paper argues that the sterilization of capital inflows at the start of a price-stabilization program may give rise to future pressures to discontinue the program as a result of the unduly high debt-service burden that the sterilization policy may generate.