Inflation and the Costs of Stabilization
Andres Solimano
Jan 1989 · PPR Working Paper Series Book 226 · World Bank Publications
Ebook
44
Pages
About this ebook
The costs of hyperinflation are almost unbearable to any economic system. Nevertheless, stopping hyperinflation seems to be faster and less costly than stabilizing chronic inflation. The history of stabilization shows that fiscal restraint and adequate external resources are key elements for successful stabilization.
The costs of hyperinflation are almost unbearable to any economic system. Nevertheless, stopping hyperinflation seems to be faster and less costly than stabilizing chronic inflation. The history of stabilization shows that fiscal restraint and adequate external resources are key elements for succ...
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