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Credit Subsidies, Financial Repression, and the High Inflation/Low Income Trap

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  • Samson, M.
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    Abstract

    The paper analyzes the problems of inflation finance in economies in transition from plan to market, when there are complications due to the use of money creation to finance credit to productive enterprises.

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    Bibliographic Info

    Paper provided by Department of Economics, Williams College in its series Center for Development Economics with number 155.

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    Length: 28 pages
    Date of creation: 1996
    Date of revision:
    Handle: RePEc:wil:wilcde:155

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    Related research

    Keywords: INFLATION ; DEVELOPING COUNTRIES ; FINANCIAL MARKET;

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