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Item Details
Title: THE ECONOMICS OF HIGH INFLATION
By: Paul Beckerman
Format: Paperback

List price: £116.00


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ISBN 10: 1349217158
ISBN 13: 9781349217151
Publisher: PALGRAVE MACMILLAN
Pub. date: 1 January, 1992
Edition: 1st ed. 1992
Pages: 228
Synopsis: This book describes the complex of economic processes which sustains inflationary pressure in nations with severe inflation problems. Paul Beckerman uses an innovative approach to study the strategies inhabitants of economies with lengthy inflation experience use to maintain their purchasing power despite inflation. He examines how these tactics function as 'feedback mechanisms', economic processes by which inflation in any given time period generates inflationary pressure in subsequent periods, and how they complicate the efforts of policy-makers to achieve stabilization.
Illustrations: VIII, 228 p.
Publication: UK
Imprint: Palgrave Macmillan
Returns: Non-returnable
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