Abstract
I would like to take up two issues raised in Jeff Sachs’ paper which are of particular relevance for the theme of the conference. The first concerns the long-run effects of temporary government expenditure policies; the second relates to the question of government attitudes towards foreign borrowing and the concept of an optimum current account policy.
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© 1983 The Scandinavian Journal of Economics
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Genberg, H. (1983). Comment on J. D. Sachs, “The Current Account in the Macroeconomic Adjustment Process”. In: Calmfors, L. (eds) Long-Run Effects of Short-Run Stabilization Policy. Scandinavian Journal of Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06349-9_3
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DOI: https://doi.org/10.1007/978-1-349-06349-9_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-06351-2
Online ISBN: 978-1-349-06349-9
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