Lessons from the Heterodox Stabilization Programs is popular PDF and ePub book, written by Miguel Alberto Kiguel in 1991, it is a fantastic choice for those who relish reading online the Developing countries genre. Let's immerse ourselves in this engaging Developing countries book by exploring the summary and details provided below. Remember, Lessons from the Heterodox Stabilization Programs can be Read Online from any device for your convenience.
Lessons from the Heterodox Stabilization Programs Book PDF Summary
Heterodox stabilization programs are more successful in chronic high inflation countries because only there can the benefits from achieving a rapid initial reduction in inflation outweigh the costs of tampering with price and wage controls. While the heterodox phase is effective in blocking inflation initially, success depends on a long- term commitment to the orthodox part of the program and the readiness to accept the unavoidable costs of disinflation.
Detail Book of Lessons from the Heterodox Stabilization Programs PDF
- Author : Miguel Alberto Kiguel
- Release : 01 July 1991
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Developing countries
- Total Page : 45 pages
- Language : English
- PDF File Size : 12,6 Mb
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