ON STRUCTURAL INFLATION AND LATIN-AMERICAN 'STRUCTURALISM'

THE process of inflation which, with great severity and persistence, has been afflicting for years some Latin-American countries has given rise in them to a lively controversy about its genesis and possible remedial measures. There are some who maintain the view, often denoted as 'structuralist...

Full description

Saved in:
Bibliographic Details
Published in:Oxford economic papers 1964-11, Vol.16 (3), p.321-332
Main Author: OLIVERA, JULIO H. G.
Format: Article
Language:English
Subjects:
Economic inflation
Economic stagnation
Expenditures
Flexibility
Inflation rates
Market prices
Money demand
Money prices
Money supply
Price level changes
Prices
Relative prices
Structuralism
Supply
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:THE process of inflation which, with great severity and persistence, has been afflicting for years some Latin-American countries has given rise in them to a lively controversy about its genesis and possible remedial measures. There are some who maintain the view, often denoted as 'structuralist', that such perturbations should be attributed to nonmonetary imbalances, partly due to flaws in the economic and social organization of those countries; and that, therefore, the reliance on monetary restriction to check price rises in them is unjustified.
ISSN:0030-7653
1464-3812
DOI:10.1093/oxfordjournals.oep.a040958