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    Economics Study Set 8
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    Exam 38: Macro Policy in Developing Countries
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    Central Banks in Developing Countries Have Far Less Independence Than
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Central Banks in Developing Countries Have Far Less Independence Than

Question 114

Question 114

Essay

Central banks in developing countries have far less independence than do central banks in developed countries.Explain why this is a problem in developing countries.

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In developing countries,the central bank...

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