From shock therapy to gradualism
Autor: | Hans-Hagen Härtel, Armin Gutowski, Hans-Eckart Scharrer |
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Rok vydání: | 1981 |
Předmět: |
Inflation
media_common.quotation_subject Keynesian economics Economics Econometrics and Finance (miscellaneous) Shock therapy language.human_language German Development economics European integration ddc:330 language Economics Business Management and Accounting (miscellaneous) Gradualism media_common Social policy |
Zdroj: | Intereconomics. 16:90-96 |
ISSN: | 1613-964X 0020-5346 |
DOI: | 10.1007/bf02924718 |
Popis: | A whole range of economic solutions have been proposed in recent years in an endeavour to combat rising inflation. Of these, the discussion on a policy of gradualism vis-à-vis shock therapy has given rise to considerable controversy. In the light of this controversy the following article analyzes the German experience with anti-inflationary policy between 1973 and 1979 and draws some important conclusions. |
Databáze: | OpenAIRE |
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