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Macro-Policy Issue: Dealing With an Economic Downturn

  • 09/19/2002
  • Working Paper
This paper sets forth a set of policies which are an alternative to the standard IMF prescriptions. It delineates the circumstances under which such policies could be easily implemented, outlines the risks, and provides a framework for thinking through how these risks can be assessed relative to the risks of the standard IMF strategies.

Joseph StiglitzJoseph Stiglitz

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