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Adjustment with a fixed exchange rate : Cameroon, Cote d'Ivoire and Senegal (英语)

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As members of the CFA Franc Zone, Cameroon, Cote d'Ivoire and Senegal cannot use the nominal exchange rate as a tool of macroeconomic adjustment. The paper considers these countries' responses to the commodity and oil price shocks of the 1970s in light... 更多显示

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