Economic Stabilization in Wartime: A Comparative Case Study of Korea and Vietnam

Autor:	G. E. Makinen
Rok vydání:	1971
Předmět:	Domestic production Inflation Economics and Econometrics Comparative case Vietnamese media_common.quotation_subject Control (management) International economics Private sector language.human_language Tax revenue Development economics Economics language Velocity of money media_common
Zdroj:	Journal of Political Economy. 79:1216-1243
ISSN:	1537-534X 0022-3808
DOI:	10.1086/259832
Popis:	A careful review and comparison of the tools used during wartime to combat inflation in Korea and to control it in Vietnam is undertaken. It examines the trend in the major inflationary and counterinflationary forces--government expenditures and tax revenue, advances to U.N. and U.S. forces, credit to the private sector, domestic production, and imports--and shows how the import program has been a major factor in controlling Vietnamese inflation. In addition, the trend in the velocity of money and the sensitivity of the tax structure to inflation in each country are examined. The analysis provides insights into methods of stabilizing other less-developed nations not in war.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ab790d1fac044e5cefd377e1b55c70df https://doi.org/10.1086/259832 Zobrazit plný text záznamu