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Inflation as Capital

Mark Metzler

in Capital as Will and Imagination: Schumpeter's Guide to the Postwar Japanese Miracle

Published in print:
2013
Published Online:
August 2016
ISBN:
9780801451799
eISBN:
9780801467912
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801451799.003.0007
Subject:
Political Science, Asian Politics

This chapter discusses the inflationary reconstruction policy championed by minister of finance Ishibashi Tanzan. Tanzan was among the visionaries of Japan's postwar growth. During his term as ... More


The Requisites of Macroeconomic Stability

Vijay Joshi

in India's Long Road: The Search for Prosperity

Published in print:
2017
Published Online:
March 2017
ISBN:
9780190610135
eISBN:
9780190610166
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190610135.003.0008
Subject:
Economics and Finance, International

This chapter examines India’s performance as regards the three components of macroeconomic stability: internal balance, external balance, and fiscal sustainability. It also delineates the contours of ... More


Where It Went

John Kenneth Galbraith and James K. Galbraith

in Money: Whence It Came, Where It Went

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171661
eISBN:
9781400889082
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171661.003.0020
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines the economic policy of the Nixon administration. The good years of economic management in the United States ended with the Vietnam war. Wartime spending and resulting demand put ... More


Direct Investment, Rising Real Wages, and the Absorption of Excess Labor in the Periphery

Michael P. Dooley, David Folkerts-Landau, and Peter Garber

in G7 Current Account Imbalances: Sustainability and Adjustment

Published in print:
2007
Published Online:
February 2013
ISBN:
9780226107264
eISBN:
9780226107288
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226107288.003.0004
Subject:
Economics and Finance, Financial Economics

This chapter concentrates on the connection between the currency regime and the development strategy of rapidly growing Asian countries, especially China. It specifically argues that the expansion of ... More


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