interference in macroeconomic stability may come directly from inflation that can redistribute income towards the rich capital flight that can trigger exchange rate instability and balance of payments crises that can limit essential imports or indirectly from expectations of instability that can erode support for the policies of the government while the rightsbased goals should be described in detail and achieved within a given time frame the optimal policy stance with respect to macroeconomic stability is countryspecific macroeconomic imbalances need to be addressed on a case by case basis in order to minimize the economic and political costs of achieving distributive goals