The US federal and trade deficits that exist today give rise to the fear that Washington will promote inflation in order to ease the repayment of the national debt - that purchasing power and, ultimately, the standard of living will be eroded. How have other nations copied in recent years with triple digit inflation, or event inflation that has reached 1,000 per cent to 21,000 per cent annually? This book presents the examples of three models - Argentina, Brazil and Israel - that have implemented far-reaching stabilization programs and issued new currencies to respond to inflation that they could not control. Economists, political analysts and finance ministers from the three countries examine the mixed results of the programs that have addressed the unwieldy phenomena of inflation. An introductory chapter considers the lessons of the three models for the United States. The authors' approach, while addressed to the specialist, is intended to make this subject accessible to more general readers.
- ISBN10 155587150X
- ISBN13 9781555871505
- Publish Date 30 August 1990
- Publish Status Out of Print
- Out of Print 3 December 2014
- Publish Country US
- Imprint Lynne Rienner Publishers Inc
- Edition New ed.
- Format Hardcover
- Pages 166
- Language English