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Banking on Capital Flight
A Post Keynesian Approach to Inflation High Inflation
What International Payments Scheme Would Keynes
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agency agricultural balance of payments billion Brazil budget deficit Bundesbank capital flight cent of GDP Central Bank changes Collor Plan competition consumption contractors contracts costs currency debt decline depreciation Deutsche Bundesbank developing countries dollar domestic East German Eastern Europe economic agents economic development economic growth effect efficiency elasticity of demand estimates exchange rate expected factors Federal financial assets firms fiscal adjustment floating exchange rate flow foreign funds global growth rate high inflation hyperinflation important income elasticity incomes policy increase industry inertial inflation institutional interest rates investment Keynes LDCs liquidity ment monetarist monetary policy money supply neoclassical output political development Post Keynesian primary commodities primary products problems profit-seeking agents profits programme public sector real income reduce reforms relative prices rents result single market spending stabilization surplus terms of trade theory tion trade deficit trade of primary unification