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150128 ||| eng |
| 020 |
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|a 9781451866629
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| 100 |
1 |
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|a Muñoz, Sònia
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| 245 |
0 |
0 |
|a Central Bank Quasi-Fiscal Losses and High Inflation in Zimbabwe
|b A Note
|c Sònia Muñoz
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2007
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| 300 |
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|a 20 pages
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| 651 |
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4 |
|a Zimbabwe
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Inflation
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| 653 |
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|a Public Administration
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| 653 |
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|a Credit
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| 653 |
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|a Banks
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| 653 |
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|a Banks and banking
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| 653 |
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|a Financial statements
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Deflation
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| 653 |
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|a National Deficit Surplus
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| 653 |
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|a Open market operations
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Mortgages
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| 653 |
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|a Banks and banking, Central
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| 653 |
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|a Central banks
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Price Level
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| 653 |
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|a Accounting
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Finance, Public; Accounting
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| 653 |
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|a Public Sector Accounting and Audits
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| 653 |
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|a Money Supply
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| 653 |
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|a Prices
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Public financial management (PFM)
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| 653 |
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|a Banking
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| 653 |
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|a Financial reporting, financial statements
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| 653 |
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|a Central Banks and Their Policies
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| 653 |
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|a Quasi-fiscal operations
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| 653 |
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|a Money Multipliers
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| 653 |
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|a Foreign exchange
|
| 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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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2007/098/001.2007.issue-098-en.xml?cid=20630-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 Zimbabwe's failure to address continuing central bank quasi-fiscal losses has interfered with both monetary management and the independence and credibility of the Reserve Bank of Zimbabwe (RBZ). Realized quasi-fiscal losses are estimated to have amounted to about 75 percent of GDP in 2006. Because they were financed by creating money creation or issuing RBZ securities, they contributed to the four-digit inflation reached in 2006. The remedy for the current situation is clearly to eliminate the causes of losses by implementing measures to improve the cash-flow of the bank and restore its financial position
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