1 option
Crisis, stabilization, and economic reform : therapy by consensus / Michael Bruno.
LIBRA HG1210 .B78 1993
Available from offsite location
- Format:
- Book
- Author/Creator:
- Bruno, Michael.
- Language:
- English
- Subjects (All):
- Inflation (Finance)--Israel.
- Inflation (Finance).
- Economic conditions.
- Economic stabilization.
- Israel.
- Economic stabilization--Israel.
- Israel--Economic policy.
- Economic policy.
- Israel--Economic conditions.
- Economic history--1971-1990.
- Economic history.
- Physical Description:
- xix, 300 pages : illustrations ; 22 cm
- Place of Publication:
- Oxford : Clarendon Press ; New York : Oxford University Press, [1993]
- Summary:
- This book examines the phenomenon of the high inflation processes of the 1970s and 1980s as exemplified by Argentina, Brazil, and Israel. It explores the common characteristics of such processes and their possible cures--with some emphasis on the lessons of the Israeli experience in respect of the role of incomes policy and the political economy of stabilization. The discussion of the theoretical underpinnings of "shock" treatments provides a good example for the blending of a number of disciplines: lessons of economic history, open economy monetary and macro theory, game-theory applications to economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility) and the rationalization of incomes policy.
- Notes:
- "Clarendon lectures."
- Includes bibliographical references and index.
- ISBN:
- 0198286635 :
- OCLC:
- 27430413
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.