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High inflations and the financial System

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  • Axel Leijonhufvud

Abstract

The economic prospects of Latin America are seen with increasing optimism by the international business community following the economic reforms carried through in a number of countries in recent years. Privatizations and the lowering of trade barriers, including the formation of MercoSur and NAFTA, have received much favorable attention. But most important have been the monetary stabilizations and the fiscal reforms that have made them possible.

Suggested Citation

  • Axel Leijonhufvud, 1994. "High inflations and the financial System," Estudios de Economia, University of Chile, Department of Economics, vol. 21(2 Year 19), pages 163-177, December.
    • Handle: RePEc:udc:esteco:v:21:y:1994:i:2:p:163-177
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    File URL: http://www.econ.uchile.cl/uploads/publicacion/6999f04b-6a91-4c9f-ac29-6137a8b233a4.pdf
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    Citations

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    Cited by:

    1. David Laidler, 2007. "Successes and Failures of Monetary Policy Since the 1950s," University of Western Ontario, Economic Policy Research Institute Working Papers 20072, University of Western Ontario, Economic Policy Research Institute.
    2. Tsyplakov Alexander, 2001. "Does Lower Inflation Imply Lower Price Uncertainty?," EERC Working Paper Series 2k/06e, EERC Research Network, Russia and CIS.

    More about this item

    Keywords

    Financial system; high inflations.;

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