IMF Staff papers : Volume 34 No. 3

IMF Staff papers : Volume 34 No. 3
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Volume:
34
Series:
IMF Staff Papers
Author(s):
International Monetary Fund. Research Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
January 1987
DOI:
http://dx.doi.org/10.5089/9781451972931.024
ISBN:
9781451972931
ISSN:
1020-7635
Page:
168
In the middle of 1985 Argentina and Israel launched frontal attacks on inflation which succeeded in reducing it drastically during the first year without very significant costs in employment and output. Despite basic differences in the countries’ structures, the programs were similar in their design and their effects. This paper covers some of these similarities in the implementation and the results of the two stabilization programs, and analyzes the rationale of the underlying conception of the plans. The focus is on the strategy for the transitional period, and the ability of the programs to sustain price stability.
Article

International Capital Mobility What Do Saving-Investment Correlations Tell Us?

Author(s):
International Monetary Fund. Research Dept.
Published Date:
January 1987
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