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Problems of Inflation Under Socialism

In: Inflation

Author

Listed:
  • Bronislaw Oyrzanowski

    (Jagellonian University)

Abstract

The centrally planned socialist economy has certain peculiar characteristics which cause inflation to assume different forms, sometimes quite the opposite of those in a market economy. To be strictly accurate, there may be various models of centrally planned economies, differing from each other, and in which inflation might assume different forms. These differences, however, would be smaller than those between centrally planned and market economies. The model of a centrally planned economy considered in this paper is the Polish model, but the majority of my conclusions apply to other centrally planned socialist economies too.

Suggested Citation

  • Bronislaw Oyrzanowski, 1962. "Problems of Inflation Under Socialism," International Economic Association Series, in: Douglas C. Hague (ed.), Inflation, chapter 0, pages 332-341, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-08455-5_22
    DOI: 10.1007/978-1-349-08455-5_22
    as

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