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Islamic Social Finance and Humanitarian Assistance

Islamic social finance refers to the provision of financial services to vulnerable members of society in a manner that follows Islamic law so as to promote socio-economic welfare. Islamic social…

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Inflation, the Fiscal Budget, and Seigniorage

This chapter discusses inflation, unemployment, and stabilization. It begins with the example of hyperinflation in Zimbabwe in the late 2000s, and provides other real world examples. It talks about…

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Inflation, Unemployment, and the Phillips Curve

This chapter discusses inflation and unemployment, as well as problems of stabilization. There is a trade-off between inflation and unemployment. Professor Larraín explains setting the…

From  SDG Academy 123 plays

The Costs of Inflation

This chapter discusses the cost of inflation, through both expected and unexpected inflation. Inflation is a tax over the money balance that agents hold. Professor Larraín touches upon terms…

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Stabilization Themes

This chapter focuses on stabilization, which is the reduction of inflation to a very low level, and explains the tools to understand stabilization. These tools include stabilizing the exchange rate,…

From  SDG Academy 5 plays