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Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy


Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy
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Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy


Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-07-26

Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-07-26 with Business & Economics categories.


This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled market, and that cause shrinkage of the controlled economy as resources move into the uncontrolled market. Decontrol of prices and production of the controlled market is the optimal policy. The adoption of this policy facilitates an increase in income and aggregate demand, which raises the equilibrium prices and total production in the economy.



Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy


Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy
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Author : Nurun Choudhry
language : en
Publisher:
Release Date : 2006

Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy written by Nurun Choudhry and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.


This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled market, and that cause shrinkage of the controlled economy as resources move into the uncontrolled market. Decontrol of prices and production of the controlled market is the optimal policy. The adoption of this policy facilitates an increase in income and aggregate demand, which raises the equilibrium prices and total production in the economy.



Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy


Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy
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Author :
language : en
Publisher:
Release Date : 1989

Uncontrolled Markets And The Inflationary Process In A Centrally Planned Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.




Different Strategies Of Transition To A Market Economy


Different Strategies Of Transition To A Market Economy
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Author : Marek D?browski
language : en
Publisher: World Bank Publications
Release Date : 1996

Different Strategies Of Transition To A Market Economy written by Marek D?browski 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 1996 with Capitalism categories.




Reforming China S Economic System


Reforming China S Economic System
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Author : Dwight Heald Perkins
language : en
Publisher:
Release Date : 1988

Reforming China S Economic System written by Dwight Heald Perkins and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with China categories.




Central Banking In Transition Countries


Central Banking In Transition Countries
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Author : Mr.Helmut Wagner
language : en
Publisher: International Monetary Fund
Release Date : 1998-08-01

Central Banking In Transition Countries written by Mr.Helmut Wagner and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-08-01 with Business & Economics categories.


In the 1990s, the issues of central banking and central bank independence have gained increasing attention, in part owing to the role of the future European central bank, but also owing to the emergence of transition countries and the role of central banks in these countries. The main focus of the paper is on the preconditions of disinflation and successful stability policy in transition countries, paying special attention to the institutional requirements and to the choice of nominal anchors.



International Monetary Fund Staff Papers


International Monetary Fund Staff Papers
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Author :
language : en
Publisher:
Release Date : 1989

International Monetary Fund Staff Papers written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.




The Commanding Heights


The Commanding Heights
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Author : Daniel Yergin
language : en
Publisher:
Release Date : 1998

The Commanding Heights written by Daniel Yergin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Economic forecasting categories.




Hyperinflation And Stabilization In Postsocialist Economies


Hyperinflation And Stabilization In Postsocialist Economies
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Author : G.W Kolodko
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Hyperinflation And Stabilization In Postsocialist Economies written by G.W Kolodko and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything within their power to avoid inflation and, in particular, its very intensive shape, i. e. hyperinflation. However, this has not been the case. After the big inflations of the twenties and the post-war inflations of the fourties, we still witness intensive, economically, socially and politically extremely painful inflationary processes. And the eighties will be particularly engraved in history as a period in which the inflation has assumed an exceptionally dynamic character with respect to some countries. This regards, in the first place, Latin America, but not exclusively. Not without reason -as will be of particular intensity has also affected shown in this book -inflation countries which, according to the passed economic doctrine, were supposed to be completely immune from this economic illness. Most generally, the inflation can be assumed to be a uniform phenomenon which, in each case, can be described by a single, universal definition, while being divided into a number of forms and types distinguishable according to their original and secondary sources, their mechanisms, the ways of their manifestation as well as to their effects and the methods of counteracting them.



The Best Use Of Economic Resources


The Best Use Of Economic Resources
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Author : Leonid Vitalʹevich Kantorovich
language : en
Publisher: Oxford ; New York : Pergamon Press; [distributed in the Western Hemisphere by Macmillan, New York
Release Date : 1965

The Best Use Of Economic Resources written by Leonid Vitalʹevich Kantorovich and has been published by Oxford ; New York : Pergamon Press; [distributed in the Western Hemisphere by Macmillan, New York this book supported file pdf, txt, epub, kindle and other format this book has been release on 1965 with Economics categories.