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Author : Banḳ Yiśraʼel
Release : 1991
Genre : Business & Economics
Kind : eBook
Book Rating : 245/5 ( reviews)
Book Synopsis Lessons of Economic Stabilization and Its Aftermath by : Banḳ Yiśraʼel
Download or read book Lessons of Economic Stabilization and Its Aftermath written by Banḳ Yiśraʼel. This book was released on 1991. Available in PDF, EPUB and Kindle. Book excerpt: Comprises essays presented at a conference held in Jerusalem in 1990.
Author : Guillermo E. Perry
Release : 2007-10-19
Genre : Business & Economics
Kind : eBook
Book Rating : 855/5 ( reviews)
Book Synopsis Fiscal Policy, Stabilization, and Growth by : Guillermo E. Perry
Download or read book Fiscal Policy, Stabilization, and Growth written by Guillermo E. Perry. This book was released on 2007-10-19. Available in PDF, EPUB and Kindle. Book excerpt: Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Author : John B. Taylor
Release : 2016
Genre : Business & Economics
Kind : eBook
Book Rating : 196/5 ( reviews)
Book Synopsis Policy Stability and Economic Growth by : John B. Taylor
Download or read book Policy Stability and Economic Growth written by John B. Taylor. This book was released on 2016. Available in PDF, EPUB and Kindle. Book excerpt: John Taylor is one of the foremost economists of our generation.This book presents Taylor's view of the financial crisis and its aftermath.
Author : Manuel Pastor
Release : 2019-09-06
Genre : Political Science
Kind : eBook
Book Rating : 716/5 ( reviews)
Book Synopsis The International Monetary Fund And Latin America by : Manuel Pastor
Download or read book The International Monetary Fund And Latin America written by Manuel Pastor. This book was released on 2019-09-06. Available in PDF, EPUB and Kindle. Book excerpt: The debt crisis in Latin America has rekindled debate about the effects of the IMF's stabilization programs in the Third World. Critics contend that these programs have short-run recessionary impacts and damage prospects for long-term growth. In response, Fund economists point to cross-country studies revealing mixed impacts on growth rates coupled with significant success in achieving the IMF's stated goals: current account and balance-of-payments improvements and inflation rate reduction. Dr. Pastor argues that the traditional growth-oriented critique is theoretically misplaced, and he recasts Fund activities in terms of class and income distribution. Applying the methodology of previous Fund studies, he evaluates the effects of IMF programs in eighteen Latin American countries in the pre-crisis period (1965-1981).
Author : Michael D. Bordo
Release : 2013-06-28
Genre : Business & Economics
Kind : eBook
Book Rating : 959/5 ( reviews)
Book Synopsis The Great Inflation by : Michael D. Bordo
Download or read book The Great Inflation written by Michael D. Bordo. This book was released on 2013-06-28. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
