Series: IMF Working Papers
Author(s): Athanasios Vamvakidis
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
Keywords: economic reform, external borrowing, foreign aid, external financing, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Open Economy Macroeconomics, Macroeconomic Analyses of Economic Development,
Recent literature argues that conflict in shifting adjustment costs between different socioeconomic groups delays necessary reforms and finds that such reforms often follow economic crises. This paper expands these...