IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-18358-6_6.html
   My bibliography  Save this book chapter

Inflation — Should it be Cured or Endured?

In: Essays in Economic Policy and Economic Growth

Author

Listed:
  • I. G. Patel

    (London School of Economics and Political Science)

Abstract

Inflation is obviously one of the more glamorous subjects in economics; and its relevance and appeal are as widespread as they seem to be everlasting. No government in the world, and much less a democratically elected one, can be indifferent to it; and it is for the control of inflation, for example, that the industrially-advanced countries today seem willing to tolerate the unemployment of more than 30 million of their citizens. For the developing countries inflation has had the same kind of fascination as original sin — a temptation that has to be resisted even though it cannot be overcome altogether. The resulting ambivalence has often led to alternative bouts of bold developmental efforts and cautious stabilisation policies, which in turn have lent their growth paths a kind of cyclical character. One advantage of talking about inflation, therefore, is that one is almost always relevant.

Suggested Citation

  • I. G. Patel, 1986. "Inflation — Should it be Cured or Endured?," Palgrave Macmillan Books, in: Essays in Economic Policy and Economic Growth, chapter 5, pages 83-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18358-6_6
    DOI: 10.1007/978-1-349-18358-6_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-18358-6_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.