Industrialisation as a structural determinant of inflation performance in IMF stabilisation programmes in less developed countries
研究国际货币基金组织稳定计划对欠发达国家通胀表现的影响，发现经济结构尤其是工业化阶段会影响计划改变通胀过程的效果。
This article considers the impact of IMF stabilisation programmes on inflation performance in LDCs. It is argued that the success of a programme in effecting a change in the inflationary process will be influenced by the structural characteristics of the economy and in particular by the stage of industrialisation reached. The empirical analysis is based on a sample of LDCs which undertook adjustment programmes supported by Fund resources during the 1970s, and the results obtained are consistent with the hypothesis of an association between economic structure and inflation performance.