MARC Record from marc_oapen

LEADER: 02286 am a22005293u 450
001 1003220
005 20190110
007 cu#uuu---auuuu
008 190110s|||| xx o 0 u eng |
020 $a9783631556085
024 7 $a$2doi
041 0 $aeng
042 $adc
072 7 $aKCBM$2bicssc
072 7 $aKCM$2bicssc
072 7 $aKCN$2bicssc
072 7 $aKCP$2bicssc
100 1 $aMaute, Jutta$4aut
245 10 $aHyperinflation, Currency Board, and Bust
260 $aBern$bPeter Lang International Academic Publishers$c20180927
300 $a290
520 $aThis book focuses on «Convertibilidad», the latest Argentine experience of exchange rate based stabilisation, and aims at isolating the main causes for its tragic collapse in 2001-2002. The characteristics of Argentina?s high and hyperinflation during the 1980s are analysed, and the theory of currency boards is expounded. The stabilisation tool, an institutionally highly credible currency board arrangement (CBA), though highly effective, could not be an optimal long-term solution, given the country?s structural and trade characteristics. The analysis of the causes of the CBA?s collapse yields a complex picture of interacting factors, among them invaliding ones that had created multiple vulnerabilities over years, and triggering ones that unfolded their worst potential in meeting such vulnerable conditions.
546 $aEnglish.
650 7 $aMonetary economics$2bicssc
650 7 $aDevelopment economics & emerging economies$2bicssc
650 7 $aEnvironmental economics$2bicssc
650 7 $aPolitical economy$2bicssc
653 $aArgentina
653 $aArgentinien
653 $aBoard
653 $aBust
653 $aCase
653 $aCurrency
653 $aCurrency Board
653 $aFixed Exchange Rates
653 $aGeschichte 1980-2002
653 $aHyperinflation
653 $aIMF
653 $aInflation
653 $aIWF
653 $aKonvertierbarkeit
653 $aMaute
653 $aWährung
653 $aWashington Consensus
653 $aWechselkurs
856 40 $uhttp://www.oapen.org/download?type=document&docid=1003220$zAccess full text online
856 40 $uhttps://creativecommons.org/licenses/by/4.0/legalcode$zCreative Commons License