Crisis, Stabilization, and Economic Reform

Therapy by Consensus

Autor: Michael Bruno

Język:

Oprawa: Twarda

Wydawca: Oxford University Press

Dostępność: Dostępna u dostawcy

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This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 19...

Informacje o książce

Autor

Michael Bruno

Język

Angielski

Oprawa

Książka - Twarda

Data wydania

1993

strony

320

EAN

9780198286639

ISBN

0198286635

Enbook ID

04524940

Wydawca

Oxford University Press

Waga

563

Wymiary

144 x 224 x 24

Pełny opis

This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible curesDSwith a detailed first-hand account of Israeli stabilization policy, and a comparative policy-oriented analysis of Latin American reforms. Professor Bruno also calls on his experience to give a preliminary evaluation of recent stabilizations and reform attempts in several East European economies. The discussion of the theoretical underpinnings of 'shock' treatments provides a good example for the blending of a number of disciplines: lessons of economic history; open economy monetary and macro theory; game-theoretic applications to the theory of economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility); and the rationalization of incomes policy. The Clarendon Lectures in Economics were established in 1987. They consist of coherent sets of three or four lectures given by distinguished economists which are accessible to advanced undergraduates and also of interest to academics. Subjects vary from high theory and applications of theory to policy-oriented topics. Lecturers include Professors J.-M. Grandmont, David Kreps, Kenneth Arrow, Angus Deaton, Robert Schiller, and Oliver Hart.

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Crisis, Stabilization, and Economic Reform

Therapy by Consensus

Informacje o książce

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