The Economy of 1981
Author :
Publisher :
Page : 670 pages
File Size : 17,74 MB
Release : 1981
Category : Industrial productivity
ISBN :
Author :
Publisher :
Page : 670 pages
File Size : 17,74 MB
Release : 1981
Category : Industrial productivity
ISBN :
Author : Michael D. Bordo
Publisher : University of Chicago Press
Page : 545 pages
File Size : 36,4 MB
Release : 2013-06-28
Category : Business & Economics
ISBN : 0226066959
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.
Author :
Publisher :
Page : 0 pages
File Size : 14,22 MB
Release : 1981
Category : Industrial productivity
ISBN :
Author : Canada. Premiers' Conference, Victoria, British Columbia, August 11-15, 1981
Publisher :
Page : pages
File Size : 47,97 MB
Release : 1981
Category :
ISBN :
Author :
Publisher : Hoover Press
Page : 24 pages
File Size : 14,21 MB
Release :
Category : Supply-side economics
ISBN : 9780817958930
Author : AFL-CIO.
Publisher :
Page : 31 pages
File Size : 47,50 MB
Release : 1981
Category : United States
ISBN :
Author : Commission of the European Communities. Directorate-General for Economic and Financial Affairs
Publisher :
Page : pages
File Size : 37,94 MB
Release : 1981
Category : European Economic Community countries
ISBN :
Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Publisher :
Page : 540 pages
File Size : 50,70 MB
Release : 1981
Category : Government publications
ISBN :
Author :
Publisher :
Page : 196 pages
File Size : 28,39 MB
Release : 2008
Category : Budget
ISBN :
Author : Péter Tamás Bauer
Publisher : Harvard University Press
Page : 310 pages
File Size : 24,69 MB
Release : 1981
Category : Business & Economics
ISBN : 9780674259867
Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the notion that the policies and practices of Western nations have been responsible for third world poverty. In a major chapter, he reviews the rationalizations for foreign aid and finds them weak; while in another he shows that powerful political clienteles have developed in the Western nations supporting the foreign aid process and probably benefiting more from it than the alleged recipients. Another chapter explores the link between the issue of Special Drawing Rights by the International Monetary Fund on the one hand and the aid process on the other. Throughout the book, Bauer carefully examines the evidence and the light it throws on the propositions of development. Although the results of his analysis contradict the conventional wisdom of development economics, anyone who is seriously concerned with the subject must take them into account.