Establishing monetary stability in emerging market economies

書誌事項

Establishing monetary stability in emerging market economies

edited by Thomas D. Willett ... [et al.]

(The political economy of global interdependence)

Westview Press, 1995

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注記

Includes bibliographical references

内容説明・目次

内容説明

An exploration of inflation as a political issue. The contributors argue that, although government actions that stimulate inflation tend to have low costs or even short benefits in the short run, they impose heavy costs on the economy in the longer term.

目次

  • Introduction - the political economy of establishing monetary stability, Thomas D. Willett et al. Part 1 Aspects of the political economy of inflation: the costs of monetary instability, R.C.K. Burdekin et al
  • budget deficits and inflation - the importance of budget controls for monetary stability, R.C.K. Burdekin
  • seignorage and the optimal inflation tax, King Banaian
  • political capacity and inflation in the former communist countries, Marina Arbertman and Jacek Kugler. Part 2 Institutional mechanisms for promoting monetary stability: guidelines for constructing monetary constitutions, T.D. Willett
  • central banking in economies in transition, Eduard Hochreiter
  • alternative approaches to monetary reform in the former communist countries, Annelise Anderson. Part 3 Case studies: the Russian Central Bank and the conduct of monetary policy, Stephen Lewarne
  • fiscal imbalances, credit demands and the generation of inflation in Russia, Manuel Hinds
  • currency policies and central banking arrangements in the former Soviet republics, K. Banaian and Eugene Zhukov
  • the Latvian monetary reform, George Viksnins and Ilmars Rimshevitchs
  • fiscal and monetary policies in the transition - searching for the credit crunch, Pierre Siklos and Istvan Abel.

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