Africas Rising Inflation
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Africa's Rising Inflation
Author | : Ajay Chhibber |
Publisher | : World Bank Publications |
Total Pages | : 35 |
Release | : 1991 |
Genre | : Africa |
ISBN | : |
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Is there a link between devaluation and high inflation? It depends on accompanying monetary and fiscal policies and the presence of parallel markets. An open capital account would curtail fiscal profligacy and provide price stability without jeopardizing growth.