The Economics of High Inflation
Released: Nov 13, 1991
Publisher: PALGRAVE~MACMILLAN
Format: Hardcover, 236 pages
Related ISBN: 9781349217151
Description:
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.
Best prices to buy, sell, or rent ISBN 9780333563809
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