Many countries, including several transition economies, have in the last few years recorded a sharp decline in inflation, but have been unable to bring inflation down to lower single digits or to achieve price stability. In these countries, inflation has stabilized at moderate levels, with further progress becoming seemingly more difficult. What are the problems created by moderate inflation? What is the appropriate strategy to fight moderate inflation? What is the appropriate speed of disinflation? These and other issues related to disinflation in transition economies are taken up in this book.
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Inside This Book
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First Sentence:
Many countries have had great difficulty reducing inflation from moderate (low double-digit) rates to single-digit rates. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
relative price variance, government account balance, unweighted variance, implied productivity growth, relative price variability, administered price increases, fast disinflation, relative price adjustment, relative price shocks, sacrifice ratio, real disequilibria, inflation inertia, moderate inflation, capital inflow problem, disinflation policies, nominal wage growth, nontradables prices, preannounced rate, further disinflation, disinflation process, inflationary inertia, rapid disinflation, exchange rate anchor, fiscal fundamentals, monetary accommodation Key Phrases - Capitalized Phrases (CAPs): (learn more)
Eastern Europe, Czech Republic, International Monetary Fund, Working Paper, International Financial Statistics, Costa Rica, Central Europe, Commonwealth of Independent States, National Bank of Hungary, United States, World Bank, Annual Percent, National Bureau of Economic Research, Stanley Fischer, United Kingdom, Exchange Rates Real Nominal, General Current, Macroeconomic Performance, American Economic Review, Carlo Cottarelli, European Economic Review, Mauro Mecagni, University of Chicago Press, Yugoslav Republic of Macedonia, Erik Offerdal New!
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Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
Many countries have had great difficulty reducing inflation from moderate (low double-digit) rates to single-digit rates. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
relative price variance, government account balance, unweighted variance, implied productivity growth, relative price variability, administered price increases, fast disinflation, relative price adjustment, relative price shocks, sacrifice ratio, real disequilibria, inflation inertia, moderate inflation, capital inflow problem, disinflation policies, nominal wage growth, nontradables prices, preannounced rate, further disinflation, disinflation process, inflationary inertia, rapid disinflation, exchange rate anchor, fiscal fundamentals, monetary accommodation Key Phrases - Capitalized Phrases (CAPs): (learn more)
Eastern Europe, Czech Republic, International Monetary Fund, Working Paper, International Financial Statistics, Costa Rica, Central Europe, Commonwealth of Independent States, National Bank of Hungary, United States, World Bank, Annual Percent, National Bureau of Economic Research, Stanley Fischer, United Kingdom, Exchange Rates Real Nominal, General Current, Macroeconomic Performance, American Economic Review, Carlo Cottarelli, European Economic Review, Mauro Mecagni, University of Chicago Press, Yugoslav Republic of Macedonia, Erik Offerdal New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
Citations (learn more)
This book cites 9
books:
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9
books
cite this book:
See all 9 books citing this book
- Monetary Policy (National Bureau of Economic Research Studies in Income and Wealth) by N. Gregory Mankiw in Front Matter, page 131, and page 263
- Economic Policy 32 by Georges De Menil on page 111, and page 156
- World Economic Outlook: April 2002 : Recessions and Recoveries by International Monetary Fund on page 117, and page 264
- Policy Experiences and Issues in the Baltics, Russia and Other Countries of the (Occasional Paper: 133) by Daniel a. Citrin on page 263
- The Emergence of Market Economies in Eastern Europe by Christopher Clague on page 264
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- Decade of Transition: Achievements and Challenges by Oleh Havrylyshyn on 5 pages
- Disinflation in Transition, 1993-1997 (Occasional Papers S.) by International Monetary Fund in Back Matter (1), Back Matter (2), and Back Matter (3)
- Monetary Policy and Macroeconomic Stabilization in Latin America by Rolf J. Langhammer in Back Matter (1), and Back Matter (2)
- IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development by Stanley Fischer on page 317, and page 325
- Transition: The First Decade by Mario I. Blejer on page 174
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