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Moderate Inflation : The Experience of Transition Economies: The Experience of Transition Economies
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ISBN: 1557756996 9781455262816 1455262811 1283536951 9781283536950 9781557756992 145526704X 1455229598 9786613849403 Year: 1998 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

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.

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