Emancipating the Banking System and Developing Markets for Government Debt
This paper concludes that, for any given government deficits, greater recourse ti inflationary finance, financial repression and excessive government borrowing from abroad are associated with higher inflation, lower saving ratios and lower growth rate.
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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: The University of Birmingham; International Financial Group, Birmingham B15 2T T, United Kingdom.|
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