Coverart for item
The Resource Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont

Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont

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
Carlos A V & x000E9 ; gh Gramont
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
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
Member of
Cataloging source
LLB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorDate
1958-
http://library.link/vocab/creatorName
Végh Gramont, Carlos A.
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Sahay, Ratna
Series statement
IMF Working Paper,
Series volume
WP/95/8
Label
Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
951624938
Dimensions
unknown
Extent
1 online resource (68 pages)
Form of item
online
Isbn
9781455280605
Issn
2227-8885
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
  • 10.5089/9781451842487.001
  • 10.5089/9781455280605.001
Specific material designation
remote
System control number
  • imfWPIEA0081995
  • (IMF)WPIEA0081995
  • (OCoLC)951624938
Label
Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
951624938
Dimensions
unknown
Extent
1 online resource (68 pages)
Form of item
online
Isbn
9781455280605
Issn
2227-8885
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
  • 10.5089/9781451842487.001
  • 10.5089/9781455280605.001
Specific material designation
remote
System control number
  • imfWPIEA0081995
  • (IMF)WPIEA0081995
  • (OCoLC)951624938

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