Hello World, this is a test. ×

Dear Customer, If you wish to purchase more than 5 copies or in bulk, please contact our bulk purchase department at [email protected]

×

Login

Please enter your login details

×

Forgot Password?

It happens, just reset it in a minute

Sorry, incorrect details. ×
Welcome back pal! ×

Register

×

Please enter your User Name, email ID
and a password to register

No CVV Stored

Our website will not store CVV of your card.

Safe & Secure

Our website is secured by 256 bit SSL encryption issued by Verisign Inc, making your shopping at Sapnaonline as secure as possible.

International Shipping

at best shipping prices!

If you need any of your orders' to be delivered outside of India, please reach out to us via our contact us page with the product details and delivery location for us to quote you the best possible shipping price. You can also drop in a mail at [email protected]

Notify Me

We will send an email as soon as we get it in stock.

Write a Testimonial

Few good words, go a long way, thanks!

×

Personalize Gift card

We will send an email to receiver for gift card.

×

Track Order

Enter Order ID & Email Address to track your Order.

Check Your Sapna Gift Card Balance

(Card can be redeemed only at Sapna Retail Outlets)

Reminder: Free shipping if your order is above `199
Notification Alert
We offer free shipping for all orders above `199. To avail this offer, add another item of `0 or more from our wide range of quality books available at SapnaOnline.com
Checkout

Reset Pincode

Submit a Review

Sorry, incorrect details. ×
Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia, and Mexico
Review Rating

(Click on below image to change)

Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia, and Mexico

(Click on image to Zoom)

` 3394 (with 991 Sourcing fee)

+ Sourcing fee 991 ( 991 + 2403 = ` 3394 ).

+ The price is inclusive of GST.
+ Free Shipping (for orders above `199).

Sorry, out of stock.

Description

Rampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures.In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by Jos Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies.Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.Michael Bruno is Governor of the Bank of Israel; Guido Di Tella is a Fellow of St. Anthony's College, a Professor at the Di Tella Institute in Buenos Aires, and a Member of Parliament in Argentina; Stanley Fischer is Vice President of Development Economics and Chief Economist at the World Bank. Rudiger Dornbusch is Ford International Professor of Economics at MIT.

Details

Book: Inflation Stabilization: The Experience of Israel, Argentina, Brazil, Bolivia, and Mexico
Author: , , ,
ISBN-13: 9780262528788
Binding: Paper Back
Publishing Date: 1988-10-12
Publisher: The MIT Press
Number of Pages: 434
Language: English

Customer Reviews

Loading reviews. Please wait...
Check Delivery Status
Out Of Stock
Check Delivery Status
Available options for this porduct
Availability Out Of Stock
Guaranteed service
Assured best in class service and support.
International Shipping available
If you need any of your orders' to be delivered outside of India, please reach out to us via our contact us page with the product details and delivery location for us to quote you the best possible shipping price. You can also drop in a mail at [email protected]