Crisis, Stabilization, and Economic Reform
Therapy by Consensus
Seiten
1993
Oxford University Press (Verlag)
978-0-19-828663-9 (ISBN)
Oxford University Press (Verlag)
978-0-19-828663-9 (ISBN)
Considers the phenomenon of the high inflation processes of the 1970s and 1980s as exemplified by Argentina, Brazil and Israel. The author examines common characteristics of such processes and their possible cures, focusing on the Israeli experience of the political economy of stabilization.
This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible cures–with a detailed first-hand account of Israeli stabilization policy, and a comparative policy-oriented analysis of Latin American reforms. Professor Bruno also calls on his experience to give a preliminary evaluation of recent stabilizations and reform attempts in several East European economies. 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-theoretic applications to the theory of economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility); and the rationalization of incomes policy.
The Clarendon Lectures in Economics were established in 1987. They consist of coherent sets of three or four lectures given by distinguished economists which are accessible to advanced undergraduates and also of interest to academics. Subjects vary from high theory and applications of theory to policy-oriented topics. Lecturers include Professors J.-M. Grandmont, David Kreps, Kenneth Arrow, Angus Deaton, Robert Schiller, and Oliver Hart.
This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible cures–with a detailed first-hand account of Israeli stabilization policy, and a comparative policy-oriented analysis of Latin American reforms. Professor Bruno also calls on his experience to give a preliminary evaluation of recent stabilizations and reform attempts in several East European economies. 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-theoretic applications to the theory of economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility); and the rationalization of incomes policy.
The Clarendon Lectures in Economics were established in 1987. They consist of coherent sets of three or four lectures given by distinguished economists which are accessible to advanced undergraduates and also of interest to academics. Subjects vary from high theory and applications of theory to policy-oriented topics. Lecturers include Professors J.-M. Grandmont, David Kreps, Kenneth Arrow, Angus Deaton, Robert Schiller, and Oliver Hart.
High inflation, growth crisis and reform - historical perspective and brief overview; the gathering storm - Israel's structural crisis in the 1970s; shocks and accommodation - the dichotomy and mechanics of high inflation; preparing for a comprehensive stabilization programme 1981-1985 - doctrinal debates, politics and trial by error; the fight over stabilization and the structural adjustment process, 1985-1991; Latin American comparisons - failures, successes, heterogeneity; stabilization and reform in Eastern Europe; synthesis, policy lessons and open questions.
Erscheint lt. Verlag | 5.8.1993 |
---|---|
Reihe/Serie | Clarendon Lectures in Economics |
Zusatzinfo | line figures, tables |
Verlagsort | Oxford |
Sprache | englisch |
Maße | 144 x 224 mm |
Gewicht | 563 g |
Themenwelt | Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft |
Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
ISBN-10 | 0-19-828663-5 / 0198286635 |
ISBN-13 | 978-0-19-828663-9 / 9780198286639 |
Zustand | Neuware |
Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Wie Bitcoin, Ether und digitaler Euro unsere Wirtschaft …
Buch | Softcover (2022)
Schäffer-Poeschel (Verlag)
29,95 €
New Foundations
Buch | Softcover (2022)
Edward Elgar Publishing Ltd (Verlag)
64,75 €
and why it doesn't work the way we think it does
Buch | Softcover (2023)
Pan Books (Verlag)
13,70 €