A simple framework for analysing various real aspects of stabilisation and structural adjustment policies |
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| Authors: | Deepak Lal |
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| Affiliation: | Professor of Political Economy , University College London , |
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| Abstract: | This article shows how a simple geometric framework containing a real model based on the standard two‐good three‐factor trade theoretic model and a monetary model of the domestic banking system can be used to analyse the changes in the real and nominal values of various economic variables of concern resulting from stabilisation and structural adjustment policies |
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