The Lessons for Britain and for Europe from the Success of German Counter-inflation Policy

Walter Eltis
Additional contact information
Walter Eltis: Exeter College

Chapter 7 in Britain, Europe and EMU, 2000, pp 155-168 from Palgrave Macmillan

Abstract: Abstract In 1945 there was no reason to anticipate that post-war Germany would achieve more successful control over inflation than Britain or the United States. Its macroeconomics had been catastrophic in the inter-war years when the hyper-inflation of the 1920s was followed by mass unemployment and the collapse of orthodox financial policies.

Keywords: Interest Rate; European Central Bank; European Central; Nominal Interest Rate; High Interest Rate (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97755-2_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780333977552

DOI: 10.1057/9780333977552_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().