Lessons of Economic Stabilization and Its Aftermath - Couverture rigide

Couverture rigide

ISBN 10 : 0262023245 ISBN 13 : 9780262023245

Editeur : The MIT Press, 1991

Synopsis

As the former Eastern Bloc countries and the developing nations endeavor to modernize their economies, much macroeconomic research in the next decade will involve stabilization and reconstruction. These informative, fact-filled studies describe how measures to control inflation have been implemented in Bolivia, Chile, Argentina, Brazil, Israel, Mexico, Turkey, and Yugoslavia. In discussing which of these measures have succeeded and which ones have failed, the authors go beyond the normative approach taken in most studies of stabilization to focus on political incentives and constraints on actual policymaking. The up-to-date data they provide make this a valuable collective exploration of contemporary efforts at stabilization and structural adjustment. In the 1980s each of the countries considered suffered from crippling inflation brought on by externally generated economic shocks and by mounting debt. Various strategies to control inflation and to achieve economic stabilization have met with different levels of success. The strategies tried in Brazil and Argentina worked only temporarily; the current policies of Israel, Mexico, and Bolivia have succeeded, although these countries' transitions to sustainable growth are not yet certain.

A propos du livre

À propos de l?auteur

Michael Bruno is Governor of the Bank of Israel and Professor of Economics at Hebrew University in Jerusalem.

Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press).

Elhanan Helpman is Professor of Economics at Harvard University, the Archie Sherman Chair Professor of International Economic Relations in the Eitan Berglas School of Economics at Tel-Aviv University, and a Fellow at the Canadian Institute for Advanced Research.

Nissan Liviatan is Professor of Economics at Hebrew University in Jerusalem.

Leora Meridor is Deputy Director of the Bank of Israel's Research Department.

Détails de l'édition

• Éditeur: The MIT Press
• Date d'édition: 1991
• Langue: anglais
• ISBN 10: 0262023245
• ISBN 13: 9780262023245
• Reliure: Relié
• Nombre de pages: 436
• Éditeur: Bruno Michael, Fischer Stanley, Helpman Elhanan, Liviatan Nissan
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible