Macroeconomic Performance Before And After Disinflation In Israel
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Macroeconomic Performance Before And After Disinflation In Israel
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Author : Leonardo Leiderman
language : en
Publisher:
Release Date : 1989
Macroeconomic Performance Before And After Disinflation In Israel written by Leonardo Leiderman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Inflation (Finance) categories.
Inflation And Disinflation
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Author : Leonardo Leiderman
language : en
Publisher: University of Chicago Press
Release Date : 1993-07-15
Inflation And Disinflation written by Leonardo Leiderman and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-07-15 with Business & Economics categories.
During the early 1980s, Israel's inflation rate rose to almost 500% per year—one of the highest inflation rates in the developed world. In 1985, the Israeli government implemented a program that immediately reduced inflation to 15%-20%, where it remained for the rest of the decade. How did the economy deal with these major changes so rapidly and successfully? In these eighteen articles, Leonardo Leiderman discusses why the Israeli plan worked and considers how other countries might benefit from similar policies. Even though standard economic models predict that output will drop and unemployment will rise during disinflation, Israel saw a boom in private consumption and large increases in real wages that lasted for about three years. To understand how the effects of Israeli disinflation policies defied typical expectations, Leiderman investigates how monetary fiscal policy determined Israel's runaway inflation and how the country brought its economy abruptly under control. He finds that rates of inflation and consumption depend on the public's expectations about future fiscal adjustments and that foreign trade shocks do not inevitably lead to a long-term rise in the inflation rate. His illumination of international trade and domestic policies, past and present, will interest academic economists and policymakers alike.
The Macroeconomics Of Populism In Latin America
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Author : Rudiger Dornbusch
language : en
Publisher: World Bank Publications
Release Date : 1989
The Macroeconomics Of Populism In Latin America written by Rudiger Dornbusch and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Chile categories.
Macroeconomic populism is an approach to economics that emphasizes growth and income distribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive non-market policies. The purpose of our paper is to show that policy experiences in different countries and periods share common features, from the initial conditions, the motivation for policies, the argument that the country's conditions are different, to the ultimate collapse. Our purpose in setting out these experiences, those of Chile under Allende and of Peru under Garcia, is not a righteous assertion of conservative economics, but rather a warning that populist policies do ultimately fail; and when they fail it is always at a frightening cost to the very groups who were supposed to be favored. Our central thesis is that the macroeconomics of various experiences is very much the same, even if the politics differed greatly.
Manufacturers Response To Infrastructure Deficiencies In Nigeria
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Author : Kyu Sik Lee
language : en
Publisher: World Bank Publications
Release Date : 1989
Manufacturers Response To Infrastructure Deficiencies In Nigeria written by Kyu Sik Lee and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Infrastructure (Economics) categories.
This paper presents selected findings from a survey of manufacturing establishments including the costs of private infrastructure provisions and develops policy options for improving the service delivery.
The Global Political Economy Of Israel
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Author : Jonathan Nitzan
language : en
Publisher: Pluto Press
Release Date : 2002-08-20
The Global Political Economy Of Israel written by Jonathan Nitzan and has been published by Pluto Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-08-20 with Business & Economics categories.
The debate about globalisation and its discontents
Primary Commodity Prices And Macroeconomic Variables
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Author : Theodosios B. Palaskas
language : en
Publisher: World Bank Publications
Release Date : 1989
Primary Commodity Prices And Macroeconomic Variables written by Theodosios B. Palaskas and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Macroeconomia categories.
Monetary Theory And Thought
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Author : Haim Barkai
language : en
Publisher: Springer
Release Date : 1993-05-18
Monetary Theory And Thought written by Haim Barkai and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-05-18 with Business & Economics categories.
Don Patinkin's pioneering work, integrating monetary and value theory in a Walrasian general equilibrium context anticipated by almost two decades the line of research which attempts to recast macroeconomics by reference to its microeconomic foundations. The notion of an integrated set of markets offered intuitive perception of intermarket linkages. At the same time it highlighted some of the pitfalls of traditional neoclassical monetary analysis, such as the erroneous imputation of unitary elasticity to the demand curve for money. Patinkin's presentation of general equilibrium illuminated the difficulty in upholding the Keynesian notion of underemployment equilibrium. His insightful efforts to understand behaviour in labour markets in disequilibrium led him to provide the first well worked out example of the powerful implications of disequilibrium and thereby to lay the foundations for the disequilibrium analysis of the 1970s.
Notes On Patents Distortions And Development
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Author : Julio J. Nogués
language : en
Publisher: World Bank Publications
Release Date : 1990
Notes On Patents Distortions And Development written by Julio J. Nogués and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Patentes categories.
What are the economics of patents? What problems arise in implementing a patent system? How much do distortions in developing countries affect the benefits and costs of a patent system? And what are the policies that would increase the likelihood of patents benefiting a developing country?
Earmaking Government Revenues Does It Work
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Author :
language : en
Publisher: World Bank Publications
Release Date :
Earmaking Government Revenues Does It Work written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Price And Quality Competitiveness Of Socialist Countries Exports
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Author : Zdenek Drabek
language : en
Publisher: World Bank Publications
Release Date : 1989
Price And Quality Competitiveness Of Socialist Countries Exports written by Zdenek Drabek and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Exports categories.
The centrally planned economies sell exports of raw materials, food, and some manufacturing goods at world market prices. Most of their exports of manufactured goods are underpriced - mostly because they are inferior in quality.