Hyperinflation, Currency Board, and Bust : The Case of Argentina
by
Jutta Maute
Book Details
Format
Paperback / Softback
Book Series
Hohenheimer Volkswirtschaftliche Schriften
ISBN-10
363155608X
ISBN-13
9783631556085
Publisher
Peter Lang AG
Imprint
Peter Lang AG
Country of Manufacture
DE
Country of Publication
GB
Publication Date
Sep 1st, 2006
Print length
290 Pages
Weight
386 grams
Dimensions
15.00 x 20.90 x 1.90 cms
Product Classification:
Environmental economics
Ksh 10,200.00
Manufactured on Demand
Delivery in 29 days
Delivery Location
Delivery fee: Select location
Delivery in 29 days
Secure
Quality
Fast
This book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina’s high and hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution, given the country’s structural and trade characteristics. The analysis of the causes of the CBA’s collapse yields a complex picture of interacting factors, among them invaliding ones that had created multiple vulnerabilities over years, and triggering ones that unfolded their worst potential in meeting such vulnerable conditions.
Get Hyperinflation, Currency Board, and Bust by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Peter Lang AG and it has pages.