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Author: Byung Ok Lim
Publisher: Routledge
ISBN: 0429767315
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
The focal point of this study, first published in 1991, is to investigate the effect of growth patterns on inflation and the distribution of income through inductive examination of the particular experiences in Korea and Taiwan. Both countries are regarded as models of successful industrialization, but contrast significantly in the matter of their development strategy yielding a more equitable distribution of income, along with a moderate inflation from the benefits of economic growth. Korea experienced considerable rates of inflation and a worsening of the distribution of income, while Taiwan avoided both economic evils. This book analyses how Taiwan’s economy managed to reconcile growth with inflation and distribution and why Korea could not achieve similar performance.
Author: Byung Ok Lim
Publisher: Routledge
ISBN: 0429767315
Category : Business & Economics
Languages : en
Pages : 248
Get Book Here
Book Description
The focal point of this study, first published in 1991, is to investigate the effect of growth patterns on inflation and the distribution of income through inductive examination of the particular experiences in Korea and Taiwan. Both countries are regarded as models of successful industrialization, but contrast significantly in the matter of their development strategy yielding a more equitable distribution of income, along with a moderate inflation from the benefits of economic growth. Korea experienced considerable rates of inflation and a worsening of the distribution of income, while Taiwan avoided both economic evils. This book analyses how Taiwan’s economy managed to reconcile growth with inflation and distribution and why Korea could not achieve similar performance.
Author: Byung Ok Lim
Publisher: Routledge
ISBN: 0429767307
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
The focal point of this study, first published in 1991, is to investigate the effect of growth patterns on inflation and the distribution of income through inductive examination of the particular experiences in Korea and Taiwan. Both countries are regarded as models of successful industrialization, but contrast significantly in the matter of their development strategy yielding a more equitable distribution of income, along with a moderate inflation from the benefits of economic growth. Korea experienced considerable rates of inflation and a worsening of the distribution of income, while Taiwan avoided both economic evils. This book analyses how Taiwan’s economy managed to reconcile growth with inflation and distribution and why Korea could not achieve similar performance.
Author: Peter Gottschalk
Publisher: Cambridge University Press
ISBN: 9780521142694
Category : Political Science
Languages : en
Pages : 0
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Book Description
This book examines the income distributional experience of fifteen developed economies over the past two decades. It considers the effects on the inequality of household income of the development of individual earnings, unemployment, inflation, public sector transfers and taxes, and demographic changes. Chapters are devoted to the experiences of Australia, Canada, the Czech Republic, Finland, France, West and former East Germany, Greece, Hungary, Ireland, Israel, Japan, Holland, Sweden, the United Kingdom and the United States.
Author: Irma Adelman
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 64
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Book Description
Author: Diwakar Dwivedi
Publisher:
ISBN: 9788184846645
Category : Economic development
Languages : en
Pages : 264
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Book Description
Author: Arne Bigsten
Publisher: Heinemann Educational Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
Author: Nick Eberstadt
Publisher: Rowman & Littlefield
ISBN: 0844742740
Category : Korea (North)
Languages : en
Pages : 332
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Book Description
Nicholas Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for North Korea and South Korea over two critical generations.
Author: Rice University. Program of Development Studies
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 84
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Book Description
Author: Richard T. Wang
Publisher: Scarecrow Press
ISBN: 9780810833500
Category : History
Languages : en
Pages : 354
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Book Description
A combination of scholarly, commercial, and popular interests has generated a large quantity of literature on every aspect of Chinese life during the past two decades. This bibliography reflects these combined interests; it is broken up into sections by subject headings, and cross-references refer the researcher to related topics.
Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
ISBN: 1849801983
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
Inflation targeting (IT) has become the sacred cow of central banking. But its suitability to developing nations remains contested. The contributors to this volume perform the valuable service of sketching out plausible, more development-friendly alternatives. They are to be commended in particular for avoiding a one-size-fits-all approach and paying close attention to the needs of specific countries. Their proposals range from relatively minor tinkering in IT to comprehensive overhaul. A common theme is the central role of the real exchange rate, which the central banks ignore at their economies peril. Dani Rodrik, Harvard University, US As the world economy is devastated by a virulent financial crisis and jobs are lost in scores, central bankers are increasingly questioned as to why they have failed to sustain stability and growth even though they told us all along that conquering inflation would be necessary and sufficient to do so while hoping to get a pat on the back for achieving a degree of price stability unprecedented in recent times. This book provides a lot of food for thought on why. It is a powerful critique of the orthodox obsession with inflation in neglect of the two deepseated problems of the unbridled market economy financial instability and unemployment. It is a must for all policy makers, notably in the developing world, and for the mainstream. Yilmaz Akyuz, formerly of the United Nations Conference on Trade and Development, Geneva, Switzerland This collective volume makes a compelling case for balancing the developmental and stabilization functions of central banks. In particular, the authors emphasize that, as practiced in many successful developing countries, competitive real exchange rates can be good for growth and employment generation, and should thus be a specific focus of central bank actions. The book is a must read for those looking for a more balanced framework for central bank policies. José Antonio Ocampo, Columbia University, US and former Under-Secretary-General of the United Nations for Economic and Social Affairs and Finance Minister of Colombia This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as employment creation, poverty reduction and sustainable development. The book includes thematic chapters, including analyses of class attitudes toward inflation and unemployment and the gender impacts of restrictive monetary policy. Other chapters propose improved monetary frameworks for Argentina, Brazil, India, Mexico, the Philippines, South Africa, Turkey, and Vietnam. Policy frameworks that are explored include employment targeting, and targeting a stable and competitive real exchange rate. The authors also show that to reach a larger number of targets, including higher employment and stable inflation, central banks must use a larger number of instruments, including capital management techniques. This volume offers concrete, socially valuable alternatives that economists, policy makers, students and interested laypeople should consider before adopting one size fits all, often inadequate, policies that have become a virtual policy making fad.
