Title: | Crisis, stabilization and economic reform : therapy by consensus |
Authors: | Michael Bruno, Author |
Publisher: | Oxford : Clarendon Press, 1993 |
Series: | Clarendon lectures in economics |
ISBN (or other code): | 978-0-19-828663-9 |
Size: | xix, 300 p / 22 cm |
Languages: | English |
Descriptors: |
[Eurovoc] ECONOMICS > economic conditions > economic conditions [Eurovoc] ECONOMICS > economic conditions > economic cycle > economic stabilisation [Eurovoc] ECONOMICS > economic conditions > economic cycle > inflation [Eurovoc] ECONOMICS > economic conditions > economic development > economic growth [Eurovoc] ECONOMICS > economic policy [Eurovoc] ECONOMICS > economic policy > economic policy > structural policy > structural adjustment [Eurovoc] ECONOMICS > economic structure > economic system > economic reform [Eurovoc] ECONOMICS > national accounts > income [Eurovoc] EMPLOYMENT AND WORKING CONDITIONS > personnel management and staff remuneration > pay policy [Eurovoc] FINANCE > prices > prices policy > price stability [Eurovoc] GEOGRAPHY > America > Latin America [Eurovoc] GEOGRAPHY > Asia and Oceania > Middle East > Israel |
Abstract: | This book examines the phenomenon of the high inflation processes of the 1970s and 1980s as exemplified by Argentina, Brazil, and Israel. It explores the common characteristics of such processes and their possible cures — with some emphasis on the lessons of the Israeli experience in respect of the role of incomes policy and the political economy of stabilization. The discussion of the theoretical underpinnings of ‘shock’ treatments provides a good example for the blending of a number of disciplines: lessons of economic history, open economy monetary and macro theory, game-theory applications to economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility), and the rationalization of incomes policy. |
Contents note: |
1 High Inflation, Growth Crisis, and Reform: Historical Perspective and Brief Overview
2 The Gathering Storm: Israel's Structural Crisis in the 1970s 3 Shocks and Accommodation: The Dichotomy and Mechanics of High Inflation 4 Preparing for a Comprehensive Stabilization Programme 1981–1985: Doctrinal Debates, Politics, and Trial by Error 5 The Fight over Stabilization and the Structural Adjustment Process, 1985–1991 6 Latin American Comparisons: Failures, Successes, Heterogeneity 7 Stabilization and Reform in Eastern Europe 8 Synthesis, Policy Lessons, and Open Questions |
Copies (1)
Barcode | Call number | Media type | Location | Section | Status |
---|---|---|---|---|---|
002738 | RA 1184 | Livre | Centre de documentation du CERDI / Ecole d'Economie | Salle de lecture | Available |