Deflation: Determinants, Risks and Policy Options (Occasional Paper) - Softcover

Kumar, Manmohan S.; Etc.

Softcover

ISBN 10: 1589062272 ISBN 13: 9781589062276

Publisher: International Monetary Fund, 2003

Synopsis

This paper presents the findings of an IMF task force set up to investigate issues related to the causes and consequences of deflation, as well as the the risks in individual economies and on a global scale. It focuses on four aspects: an analytical framework regarding the measurement, determinants, and costs of deflation; historical experiences of deflationary pressures in the nineteenth century and during the Great Depression, along with the recent experience of Japan and China; risk assessment issues; and policy options available.

Edition details

• Publisher: International Monetary Fund
• Publication date: 2003
• Language: English
• ISBN 10: 1589062272
• ISBN 13: 9781589062276
• Binding: Paperback
• Number of pages: 54