Disinflation in Transition : 1993-97 /

The latest in a series of papers published by the International Monetary Fund on economies in transition examines the experience of disinflation in Central and Eastern Europe, the Baltics, Russia, and other countries of the former Soviet Union between 1993 and 1997. The paper reviews the economic po...

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Detalhes bibliográficos
Autor principal: Doyle, Peter
Outros Autores: Cottarelli, Carlo
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1999.
coleção:Occasional Papers; Occasional Paper ; No. 1999/009
Acesso em linha:Full text available on IMF
Descrição
Resumo:The latest in a series of papers published by the International Monetary Fund on economies in transition examines the experience of disinflation in Central and Eastern Europe, the Baltics, Russia, and other countries of the former Soviet Union between 1993 and 1997. The paper reviews the economic policies underlying the dramatic drop in inflation during those years as well as other variables that facilitated the disinflation and notes that the adjustment of fiscal fundamentals as the driving force behind the disinflation, while nominal anchoring arrangements played a less prominent role. This was contrary to developments in countries, for example, in Latin America, that had experienced high inflation for a long period of time.
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Descrição Física:1 online resource (51 pages)
Formato:Mode of access: Internet
ISSN:0251-6365
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students