Moderate Inflation: The Experience of Transition Economies: The Experience of Transition Economies
July 1, 1998
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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 speed of disinflation? These and other issues related to disinflation in transition economies are taken up in this book, edited by Carlo Cottarelli and Gyorgy Szapáry.
Subject: Consumer price indexes, Disinflation, Exchange rate arrangements, Exchange rates, Foreign exchange, Inflation, Labor, Price adjustments, Prices, Wages
Keywords: Baltics, BOOK, Central and Eastern Europe, Consumer price indexes, Disinflation, disinflation policy, disinflation process, Eastern Europe, Europe, Exchange rate arrangements, Exchange rates, Inflation, moderate inflation, Price adjustments, trade-off curve, transition economy, Wages, Western Europe
Pages:
299
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Books
Stock No:
MITEEA0000000
ISBN:
9781557756992
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