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Fewer Monies, Better Monies

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NBER2001-06-01 更新2025-01-04 收录
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In the aftermath of emerging market crises from Russia to Asia and Latin America, there is a quest for better monetary arrangements that are more crisis-proof. Fixed rates are out, flexible rates are in with a policy focus on inflation targeting. But there is, of course, the alternative of

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2001-06-01
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