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150128 ||| eng |
| 020 |
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|a 9781451848274
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| 100 |
1 |
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|a Sorsa, Piritta
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| 245 |
0 |
0 |
|a Macroeconomic Conditions and Import Surcharges in Selected Transition Economies
|c Piritta Sorsa
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1999
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| 300 |
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|a 23 pages
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| 651 |
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4 |
|a Czech Republic
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| 653 |
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|a Macroeconomic Aspects of International Trade and Finance: Other
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| 653 |
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|a Interest rates
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| 653 |
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|a Finance
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| 653 |
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|a International Trade Organizations
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Financial services
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| 653 |
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|a Real interest rates
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| 653 |
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|a Trade Policy
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Trade: General
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Fiscal policy
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| 653 |
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|a International economics
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Commercial policy
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| 653 |
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|a International trade
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| 653 |
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|a Trade policy
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Real exchange rates
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| 653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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| 653 |
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|a Public Finance
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| 653 |
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|a Imports
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| 653 |
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|a Foreign exchange
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
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|a 10.5089/9781451848274.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/1999/062/001.1999.issue-062-en.xml?cid=3022-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Analysis on macroeconomic determinants of protection in the Czech and Slovak Republics, Hungary, and Poland, while subject to many caveats, suggests that appreciation of the real exchange rate was the main macroeconomic determinant of trade policy reversals in the 1990s. This suggests that balance of payments difficulties may have been used as an excuse for protection. The analysis also suggests that greater exchange rate flexibility and tighter fiscal policies could have been used instead of import surcharges to deal with external imbalances. The surcharges may only have aggravated the external balance by slowing down exports and restructuring of production
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