| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP456 |
| DP456 Policies to Move from Stabilization to Growth | |
| Rudiger Dornbusch | |
| 发表日期 | 1990-09-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | The tradition in discussions of stabilization is to assume that fiscal austerity, competitive real exchange rates, sound financial markets and deregulation provide the preconditions for a resumption of growth. There is, however, a need to distinguish the necessary and the sufficient conditions. Adjustment is strictly necessary, but it may not be sufficient. Asset holders can postpone repatriation of capital flight and investors can delay initiating projects, so that there is an important coordination problem that classical economics does not recognize. |
| 主题 | International Macroeconomics |
| 关键词 | Growth Stabilization |
| URL | https://cepr.org/publications/dp456 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529612 |
| 推荐引用方式 GB/T 7714 | Rudiger Dornbusch. DP456 Policies to Move from Stabilization to Growth. 1990. |
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