Title: A heterodox approach to the adjustment problem
Description: In selecting a topic for today's lecture I asked myself which issue appeared closest to her heart. I observed that two of her papers touched on the adjustment problem. These issues of adjustment with which Adlith grappled with such insight and tenacity still haunt us, and so I have chosen this as my topic. I think she would have approved of this selection even though she would have done far greater justice to it than I ever could.
Subjects: Foreign exchange administration, Monetary policy
Places: Developing countries