000 00800pab a2200157 454500
008 180718b1999 xxu||||| |||| 00| 0 eng d
100 _aD'Souza, Errol
245 _aFiscal deficits, expectations and exchange rates
260 _c1999
300 _ap.963-68
362 _a17 & 23 Apr
520 _aFiscal deficits that are expected to be reversed at some unknown date in the future cause a real appreciation of the exchange rate along with an expectation of depreciation, a trade deficit, and high domestic interest rates. The expectation of depreciation will have a positive impact on investment provided a time-frame within which the deficit can be credibly reduced is charted and acted on. - Reproduced
650 _aExchange rates
773 _aEconomic and Political Weekly
909 _a40641
999 _c40641
_d40641