The Resource Inflation and stabilization in transition economies : a comparison with market economies, prepared by Ratna Sahay and Carlos Végh

Inflation and stabilization in transition economies : a comparison with market economies, prepared by Ratna Sahay and Carlos Végh

Label
Inflation and stabilization in transition economies : a comparison with market economies
Title
Inflation and stabilization in transition economies
Title remainder
a comparison with market economies
Statement of responsibility
prepared by Ratna Sahay and Carlos Végh
Creator
Contributor
Author
Issuing body
Subject
Language
eng
Summary
Annotation
Member of
Action
digitized
Cataloging source
OCLCE
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
no. 95/8
Summary expansion
A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are then compared to those of high inflation market economies. the paper concludes that, despite significant differences in the economic structure and institutional framework, the inflation and stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and lack of fiscal discipline are critical in sustaining inflation, and exchange rate-based anchors seem more successful than money anchors in bringing down inflation. on the other hand, wage policies appear to be more critical in reigning inflation in transition economies than in market economies
Label
Inflation and stabilization in transition economies : a comparison with market economies, prepared by Ratna Sahay and Carlos Végh
Publication
Antecedent source
file reproduced from original
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
black and white
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn647454989
Dimensions
unknown
Extent
1 online resource (iv, 44 pages)
File format
one file format
Form of item
online
Isbn
9781281988904
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
illustrations
http://library.link/vocab/recordID
.b37194458
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)647454989
  • imf1281988901
System details
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.

Library Locations

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      -38.195656 144.304955
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