Financial Repression as a Policy Choice: The Case of Ukraine, 1992—2000
By their nature, instruments of financial repression distort interest rates, foreign exchange rates, patterns of investment, and the economic incentives of both borrowers and lenders. In order to deal with the economic pathologies introduced by the government’s own credit and financial policies, gov...
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Format: | Article |
Language: | English |
Published: |
Kyiv National Economic University named after Vadym Hetman
2004-10-01
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Series: | International Economic Policy |
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Online Access: | http://iepjournal.com/journals_eng/2/2005_1_Kravchuk_eng.pdf |