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Inflation or Deflation in Nineteenth-Century Syria and Palestine

Bibliographic Data

ID4863022
AuthorsHaim Gerber, Nacham T Gro, Nacham T Gross
Year1980
Volume40
Issue2
Pages351-357
Publication date1980-06-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Economic History (JOURNAL)
Journal identifiersISSN: 0022-0507 • E-ISSN: 1471-6372
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050700108241
OpenAlexW2054408023
LanguageEN
Citations received1
References cited1

From the 1830s on Syria and Palestine exported monetary metal to pay for an import surplus. Nevertheless, there is evidence of a concomitant inflationary process. The apparent contradiction is resolved by a theoretical argument and by reference to the dual nature of the Ottoman monetary system. Government-induced inflation in terms of the domestic (token and paper) money reinforced the rising price of full-bodied coins, caused by the adverse balance of trade

Ancient history · Argument (complex analysis) · Contradiction · Deflation · Economics · Inflation (cosmology) · Keynesian economics · Monetary economics · Monetary policy · Palestine · Price level · History · Islamic Studies and History · Philosophy

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Citations per year0.05
Citation span2006 - 2006 (1)
Highly citedNo

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