Emancipating the Banking System and Developing Markets for Government Debt
This paper concludes that, for many given government deficit, greater recourse to inflationary finance, financial repression and escessive government borrowing from abroad are associated with higher inflatio, lower saving ratios and lower growth rates.
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|Date of creation:||1996|
|Contact details of provider:|| Postal: Edgbaston, Birmingham, B15 2TT|
Web page: http://www.economics.bham.ac.uk
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