How Long to Read Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia

How Long Does it Take to Read Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia?

It takes the average reader and 32 minutes to read Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia by Andres Gonzalez

Assuming a reading speed of 250 words per minute. Learn more

Description

Bolivia has achieved noteworthy success over the past 15 years in raising incomes, reducing poverty, and maintaining macroeconomic stability by deploying commodity revenues to finance transfers, public investment, and state-led development, using an exchange rate peg as a policy anchor. However, with the end of the commodity boom in 2014, fiscal deficits have grown and reserves have fallen. One route to restoring long-run sustainability would be to combine fiscal consolidation with a switch to a floating exchange rate. However, a preference for maintaining the peg could be accommodated with adjustments elsewhere in the policy framework. Employing a detailed dynamic stochastic general equilibrium model of the Bolivian economy, this study assesses the long-run sustainability and relative benefits of alternative policy combinations, and calculates optimal adjustment paths for the transition from the present situation to the steady state. It concludes that continued adherence to a fixed-rate regime, while not optimal, is feasible, if supported by a larger fiscal effort.

How long is Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia?

Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia by Andres Gonzalez is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia aloud.

What Reading Level is Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia?

Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia?

Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia by Andres Gonzalez is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Fix Vs. Float: Evaluating the Transition to a Sustainable Equilibrium in Bolivia by Andres Gonzalez on Amazon click the button below.