Economics of High Inflation
Book Details
Format
Hardback or Cased Book
ISBN-10
0333563808
ISBN-13
9780333563809
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Nov 13th, 1991
Print length
228 Pages
Weight
418 grams
Dimensions
14.60 x 22.60 x 1.90 cms
Product Classification:
Monetary economicsPolitical economyPublic financePublic finance and taxation
Ksh 16,200.00
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This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems.
This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems. Paul Beckerman uses an innovative approach to study the strategies inhabitants of economies with lengthy inflation experience use to maintain their purchasing power despite inflation. He examines how these tactics function as 'feedback mechanisms', economic processes by which inflation in any given time period generates inflationary pressure in subsequent periods, and how they complicate the efforts of policy-makers to achieve stabilization.
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