Moderate Inflation in Poland : A Real Story /
Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by significant changes in relative prices. Second, as wage and price ind...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1996/057 |
| Accès en ligne: | Full text available on IMF |