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Some Aspects of Price Inflation in Ireland. ESRI General Research Series Paper No. 40, January 1968

Geary, R. C. and Pratschke, J. L. (1968) Some Aspects of Price Inflation in Ireland. ESRI General Research Series Paper No. 40, January 1968. UNSPECIFIED.

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    In every country prices have risen sUbstantiaUy since the end of the war. In Ireland, as in six other European countries, consumer prices had almost doubled between 1948 and 1965--see Table 2. Is this situation of continuously rising prices in the indefinite future a fact of life which must be accepted and with which we must somehow cope, or does it mean that a sudden, and possibly catastrophic, fall in prices, like that of May 192o after World War I, is to be anticipated? History generally has a way of repeating itself and similarities are observable between our times and others, but with much longer time-lags between cause and effect in the more recent period. One might hope that, as governments nowadays have much greater control of their economies than in the past, and with the development of the social conscience, disastrous price falls can be avoided or mitigated. It is only a hope, however.

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    Item Type: Other
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI General Research Series
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 08 Nov 2019 12:16
    Number of Pages: 65
    Last Modified: 08 Nov 2019 12:16

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