Book Details
Format
Paperback / Softback
ISBN-10
1349217158
ISBN-13
9781349217151
Edition
1st ed. 1992
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 1992
Print length
228 Pages
Product Classification:
International relationsMacroeconomicsPolitical 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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