Inflation and Disinflation: The Israeli Experiment

by Leonardo Leiderman

During the early 1980s, Israel's inflation rate rose to almost 500% per year--one of the highest inflation rates in the developed world. In 1985, the Israeli government implemented a program that immediately reduced inflation to 15%-20%, where it remained for the rest of the decade. How did the economy deal with these major changes so rapidly and successfully? In these eighteen articles, Leonardo Leiderman discusses why the Israeli plan worked and...

• Format: Hardcover
• Language: English
• ISBN: 0226471101
• ISBN13: 9780226471105
• Release Date: July 1993
• Publisher: University of Chicago Press
• Length: 344 Pages
• Weight: 1.49 lbs.
• Dimensions: 1.1" x 6.3" x 9.3"