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Details
Material Type: | Internet resource |
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Document Type: | Internet Resource, Computer File |
All Authors / Contributors: |
Michael Bruno |
ISBN: | 9780198286639 0198286635 |
OCLC Number: | 180094326 |
Notes: | Gesehen am: 02.11.2006. Digitalisat der Druck-Ausg.: Oxford 1993. |
Description: | Online-Ressource. |
Contents: | High inflation, growth crisis and reform - historical perspective and brief overview; the gathering storm - Israel's structural crisis in the 1970s; shocks and accommodation - the dichotomy and mechanics of high inflation; preparing for a comprehensive stabilization programme 1981-1985 - doctrinal debates, politics and trial by error; the fight over stabilization and the structural adjustment process, 1985-1991; Latin American comparisons - failures, successes, heterogeneity; stabilization and reform in Eastern Europe; synthesis, policy lessons and open questions. |
Series Title: | Oxford Scholarship Online |
Responsibility: | Michael Bruno. |
Reviews
Publisher Synopsis
`a most useful general introduction to the problems examined in subsequent chapters ... This is a lucid and useful book, informed by shrewd political judgement and welcome awareness of the real importance of individual freedom. Its judicious and reasonable tone, with careful use of evidence from a wide range of settings, contrasts notably with the other volume reviewed here.'Economic Affairs `Professor Michael Bruno ... is one of those few academics who speak with real authority about the real world, and can draw on practical experience when giving policy advice ... Drawing heavily on his first-hand experience as governor of the Bank of Israel between 1986 and 1991, but not skimping on the economic analysis, Mr Bruno provides a powerful and comprehensive analysis of why some countries get into hyperinflationary difficulties.'Financial Times Read more...

