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The funds which are non-reimburseable are to be used by the Grenadian authorities at their discretion and convenience. In effect, this is the "contract" between the requester entity and the provider entity regarding the purpose and consequences of the interaction. As a result, policies such as Structural Adjustments have, as described by Smith, contributed to “the greatest peacetime transfer of wealth from the periphery to the imperial center in history”, to which we could add, without much media attention.

Pages: 256

Publisher: Financial Times Management (December 1993)

ISBN: 0273602594

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This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries download Making Change Happen: A Step-By-Step Guide (Financial Times) epub.

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