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Book synopsis

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.

Book details

Book category Knihy po anglicky Economics, finance, business & management Economics Macroeconomics

• Full title: Economics of High Inflation
• Author: Paul Beckerman
• Language: English
• Binding: Hardback
• Number of pages: 228
• EAN: 9780333563809
• ISBN: 0333563808
• ID: 04595388
• Publisher: Palgrave Macmillan
• Weight: 418 g
• Dimensions: 146 × 226 × 19 mm
• Date of publishing: 13. November 1991

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