Argentina Hotels Travel - Managing Economic Volatility and Crises: A Practitioner's Guide

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Manufacturer: Cambridge University Press
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Binding: Hardcover Dewey Decimal Number: 338.542 EAN: 9780521855242 ISBN: 0521855241 Label: Cambridge University Press Manufacturer: Cambridge University Press Number Of Items: 1 Number Of Pages: 614 Publication Date: 2005-10-03 Publisher: Cambridge University Press Studio: Cambridge University Press
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Editorial Reviews:
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Over the past ten years, economic volatility has come into its own after being treated for decades as a secondary phenomenon in business cycle literature. This evolution has been driven by the recognition of the permanent negative effects of volatility on long-run growth and inequality, especially in poor countries. After presenting basic features of volatility, this volume investigates commodity price volatility as an absorber and amplifier of shocks. The collection then examines macroeconomic crises, which are driven by the same phenomena that make volatility difficult to treat effectively.
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