Chronic Inflation in an Industrializing Economy by Vincent Parkin

Chronic Inflation in an Industrializing Economy by Vincent Parkin

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Summary

In this book, originally published in 1991, Vincent Parkin sets out to explain the nature and causes of chronic inflation in middle-income developing countries by focusing on the Brazilian experience. The book will be of interest to all economists concerned with inflation and Latin America.

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Chronic Inflation in an Industrializing Economy by Vincent Parkin

Many middle income industrializing economies in Latin America are today beset by price inflation at rates close to or exceeding previous records. In this book Vincent Parkin sets out to explain the nature and causes of chronic inflation in such economies by focusing on the Brazilian experience since 1964. A theoretical model is developed to show how structural bottlenecks and cost-push pressures can lead to continuous inflation. The model, incorporating as it does stocks and flows of financial assets, forms a bridge between structuralist explanations for inflation, that have tended to abstract from money and finance, and purely monetary explanations.
"David Parkin's monograph belongs to that distinctive shelf of metaphysical ethnographies of Africa..the book is lucidly written, comprising a coherent essay from start to finish." George Park, The Canadian Review of Sociology and Anthropology
SKU Unavailable
ISBN 13 9780521375405
ISBN 10 0521375401
Title Chronic Inflation in an Industrializing Economy
Author Vincent Parkin
Condition Unavailable
Binding Type Hardback
Publisher Cambridge University Press
Year published 1991-05-31
Number of pages 334
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.