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Inflation in Developing Countries

In: Inflation: Theory and Policy

Author

Listed:
  • A. J. Hagger

    (University of Tasmania)

Abstract

Up to this point we have been concerned exclusively with inflation in developed economies (see above, p. 23). In Chapters 2–6 we examined various aspects of the question, ‘What causes inflation in developed economies?’ and emerged with a concise and fairly straightforward working answer — the three-equation expectational model of the inflationary process presented in Section 7.1. In Chapters 7–9 we put this model to work, its role being to provide a theoretical framework for discussing policy against inflation in developed economies.

Suggested Citation

  • A. J. Hagger, 1977. "Inflation in Developing Countries," Palgrave Macmillan Books, in: Inflation: Theory and Policy, chapter 10, pages 235-257, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-15735-8_10
    DOI: 10.1007/978-1-349-15735-8_10
    as

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