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This paper examines the impact of financial market development and liberalization on money demand...

Since the mid-1960s, Thailand's growth performance has been exceptional. Although hard hit by the...

This paper examines the links between capital inflows and the real exchange rate under pegged...

A number of developing countries have run large and persistent current account deficits in both...

In recent years, the IMF has released a growing number of reports and other documents covering...

This paper seeks to extend discussion of monetary policy instruments to the situation of a...