The Four Ends of the Greek Hyperinflation of 1941-1946 (Studies in 20th & 21st European History) (Studies in 20th and 21st European History) (Studies in 20th & 21st Century European History) - Softcover

Michael Palairet

Softcover

ISBN 10: 8772895829 ISBN 13: 9788772895826

Publisher: Museum Tusculanum Press, 2000

Synopsis

Places emphasis on policy decision-making in Greece in the 1940s which resulted in an extraordinary long fifty months hyperinflation. Throughout the entire period, the government of Greece was financed mainly from seigniorage, and barely at all from fiscal taxation. The author asks how this was contrived over so long a period without destroying the tax-base afforded by the transactions demanded for flat money. The book is, however, far more than an extended analysis of monetary economics. Rather it explores the history and structural basis for the policies pursued by the occupation and liberation governments of Greece, and their interactions with the policies of the Axis and later, British authorities. For sources, the work draws heavily not only on the existing literature, but also on the Bank of England and British Treasury papers of the period. Dr Michael Palairet is a lecturer at Department of Economic and Social History, University of Edinburgh.

About this title

About the Author:

Michael Palairet

About this edition

• Publisher: Museum Tusculanum Press
• Publication date: 2000
• ISBN 10: 8772895829
• ISBN 13: 9788772895826
• Binding: Paperback
• Number of pages: 172