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Comments on ‘Monetary Theory and Policy in a Global Context with a Large International Debt’ by Paul Davidson

  • DeAnne Julius
Chapter
  • 75 Downloads

Abstract

Paul Davidson’s chapter covers a great deal of ground; indeed, it seemed to me three papers wrapped into one package:
  • A theoretical part contrasting monetarist and Keynesian approaches to monetary policy and exchange rate regimes;

  • A mathematical model comparing the effect on inflation of domestic and export-led growth strategies; and

  • A proposed solution to the so-called debt crises of the LDCs.

Keywords

Exchange Rate Monetary Policy Central Banker Real Exchange Rate Exchange Rate Regime 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Note

  1. 1.
    See, for example, the proposal by James D. Robinson III, ‘A Comprehensive Agenda for LDC Debt and World Trade Growth,’ The AMEX Bank Review, Special Papers, no. 13, March 1988.Google Scholar

Copyright information

© Stephen F. Frowen 1993

Authors and Affiliations

  • DeAnne Julius

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