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Crisis, Stabilization, and Economic Reform: Therapy by Consensus (Clarendon Lectures in Economics)


Blowout Sale! Free Shipping Included! Save 83% on the Crisis, Stabilization, and Economic Reform: Therapy by Consensus (Clarendon Lectures in Economics) by Clarendon Press at Translate This Website. MPN: line figures, tables. Hurry! Limited time offer. Offer valid only while supplies last. 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


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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.

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Manufacturer:Clarendon Press
Part Number:line figures, tables
Publisher:Clarendon Press
Studio:Clarendon Press
MPN:line figures, tables
EAN:9780198286639
Item Weight:1.23 pounds
Item Size:1.04 x 9.82 x 9.82 inches
Package Weight:1.19 pounds
Package Size:5.67 x 1.1 x 1.1 inches

Crisis, Stabilization, and Economic Reform: Therapy by Consensus (Clarendon Lectures in Economics) by Clarendon Press

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Crisis, Stabilization, and Economic Reform: Therapy by Consensus (Clarendon Lectures in Economics)

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