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Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 28 pages
File Size : 23,87 MB
Release : 1989-07-26
Category : Business & Economics
ISBN : 1451965591

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This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled market, and that cause shrinkage of the controlled economy as resources move into the uncontrolled market. Decontrol of prices and production of the controlled market is the optimal policy. The adoption of this policy facilitates an increase in income and aggregate demand, which raises the equilibrium prices and total production in the economy.

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Author : Nurun Choudhry
Publisher :
Page : 28 pages
File Size : 35,41 MB
Release : 2006
Category :
ISBN :

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This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled market, and that cause shrinkage of the controlled economy as resources move into the uncontrolled market. Decontrol of prices and production of the controlled market is the optimal policy. The adoption of this policy facilitates an increase in income and aggregate demand, which raises the equilibrium prices and total production in the economy.

Global Trends 2040

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 19,30 MB
Release : 2021-03
Category :
ISBN : 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

The Best Use of Economic Resources

Author : Leonid Vitalʹevich Kantorovich
Publisher : Oxford ; New York : Pergamon Press; [distributed in the Western Hemisphere by Macmillan, New York
Page : 392 pages
File Size : 49,40 MB
Release : 1965
Category : Economics
ISBN :

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The Commanding Heights

Author : Daniel Yergin
Publisher :
Page : 0 pages
File Size : 17,2 MB
Release : 1998
Category : Economic forecasting
ISBN : 9780684829753

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Hyperinflation and Stabilization in Postsocialist Economies

Author : G.W Kolodko
Publisher : Springer Science & Business Media
Page : 200 pages
File Size : 48,73 MB
Release : 2012-12-06
Category : Business & Economics
ISBN : 940113894X

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One would think states and peoples have had so many bad experiences with inflation that politicians at the helm of these states would do everything within their power to avoid inflation and, in particular, its very intensive shape, i. e. hyperinflation. However, this has not been the case. After the big inflations of the twenties and the post-war inflations of the fourties, we still witness intensive, economically, socially and politically extremely painful inflationary processes. And the eighties will be particularly engraved in history as a period in which the inflation has assumed an exceptionally dynamic character with respect to some countries. This regards, in the first place, Latin America, but not exclusively. Not without reason -as will be of particular intensity has also affected shown in this book -inflation countries which, according to the passed economic doctrine, were supposed to be completely immune from this economic illness. Most generally, the inflation can be assumed to be a uniform phenomenon which, in each case, can be described by a single, universal definition, while being divided into a number of forms and types distinguishable according to their original and secondary sources, their mechanisms, the ways of their manifestation as well as to their effects and the methods of counteracting them.

Economic Security: Neglected Dimension of National Security ?

Author : National Defense University (U S )
Publisher : Government Printing Office
Page : 132 pages
File Size : 43,87 MB
Release : 2011-12-27
Category : Business & Economics
ISBN :

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On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.