Cyclopedia Of Economics 1st edition


Economic Management in a State of War



Download 4.1 Mb.
Page370/386
Date20.01.2021
Size4.1 Mb.
1   ...   366   367   368   369   370   371   372   373   ...   386
Economic Management in a State of War

Countries with a non-convertible currency and a developing economy more and more often face low intensity and prolonged guerilla warfare which leads to a gradually worsening economic situation.

Measures number 2C, 4, 6A, 6B, 7, 9, 11A, 11B below are applicable to such a situation.

Another scenario is a crisis in balance of payments. The country then often seeks trade relief under GATT or WTO rules and multilateral financial aid packages (such as the IMF's CCF).

These measures are then applicable:

1B-1H, 2A, 2B, 2C, 2D, 2E, 3, 4, 5, 6A, 6B, 6C, 6D, 7, 8, 9, 11C, 11D, 11E, 11F.

The last and worst scenario is an unmitigated, all out, state of war.

These measures would then apply:

1A-1H, 2A, 2B, 2C, 2D, 2E, 3, 4, 5, 6A, 6B, 6C, 6D, 6E, 7, 8, 9, 10, 11C, 11D, 11E, 11F, 12, 13.




Share with your friends:
1   ...   366   367   368   369   370   371   372   373   ...   386




The database is protected by copyright ©essaydocs.org 2020
send message

    Main page