It takes the average reader and 44 minutes to read Macroeconomic Experiences of the Transition Economies in Indochina by Mr.Ajai Chopra
Assuming a reading speed of 250 words per minute. Learn more
This paper examines stabilization policies in Vietnam, Cambodia, and Laos since the late 1980s. Compared with other transition economies, the Indochinese countries avoided an output collapse and moved quickly to strong GDP growth and low inflation. Each adopted a similar mix of policies centered on flexible exchange rates, high real interest rates, fiscal adjustment through expenditure cuts, and the imposition of hard budget constraints on public enterprises. In none of the countries was an exchange rate anchor considered feasible, and money-based stabilization proved effective, despite evident instability in the demand for money.
Macroeconomic Experiences of the Transition Economies in Indochina by Mr.Ajai Chopra is 44 pages long, and a total of 11,176 words.
This makes it 15% the length of the average book. It also has 14% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Macroeconomic Experiences of the Transition Economies in Indochina aloud.
Macroeconomic Experiences of the Transition Economies in Indochina is suitable for students ages 8 and up.
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