Moderate Inflation : The Experience of Transition Economies /

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 p...

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Bibliographic Details
Main Author:	Cottarelli, Carlo
Other Authors:	Szapáry, György
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 1998
Series:	IMF eLibrary
Subjects:	Actual inflation Aggregate demand Annual inflation rate Annual inflation Average inflation rate Average inflation Average price level Balance of payments Benefits Capital adequacy Capital controls Capital flows Capital gains Capital inflows Capital market imperfections Capital market Capital markets Capital mobility Central bank Central banks Change in inflation Classical theory Consumer price index Contractionary monetary policy Costs of inflation Credit expansion Currency boards Currency risk Current account deficit Current account deficits Current account Demand for money Discount rate Distribution of inflation Domestic currency Domestic debt Domestic public debt Effects of inflation European monetary system Exchange rate adjustment Exchange rate appreciation Exchange rate bands Exchange rate change Exchange rate classification Exchange rate flexibility Exchange rate peg Exchange rate pegs Exchange rate policy Exchange rate regime Exchange rate regimes Exchange rate targets Exchange rate Exchange rates Exchange reserves Expectations of inflation External borrowing Fixed exchange rate Fixed exchange rates Flexible exchange rate Floating exchange rates Foreign currency Foreign exchange reserves Foreign exchange General price level Government securities market Government securities High inflation rate High inflation High inflations High interest rates High rates of inflation Higher rate of inflation Increase in inflation Independent central bank Independent monetary policy Inflation crises Inflation data Inflation dynamics Inflation forecasts Inflation objective Inflation performance Inflation process Inflation rate Inflation rates Inflation stabilization Inflation target Inflation targeting framework Inflation targeting Inflation tax Inflation Inflationary consequences Inflationary expectations Inflationary impact Inflationary policy Inflationary pressure Inflationary pressures Inflationary shock Interest rate targeting Local currencies Low inflation Low levels of inflation Lower inflation Macroeconomic performance Macroeconomic stability Moderate inflation episodes Moderate inflation Moderate inflations Monetary aggregates Monetary authorities Monetary authority Monetary base Monetary conditions Monetary control Monetary discipline Monetary economics Monetary expansion Monetary financing Monetary framework Monetary fund Monetary growth Monetary independence Monetary institutions Monetary management Monetary objectives Monetary phenomenon Monetary policies Monetary policy instruments Monetary policy reaction function Monetary policy Monetary program Monetary regime Monetary shock Monetary stance Monetary system Monetary target Monetary targets Monetary theory Monetary union Money balances Money demand Money growth Money market Money stock Money supply Moral hazard Movement of capital National bank Nominal exchange rate Nominal exchange rates Nominal interest rate Nominal interest rates Official reserves Open market operations Percent annual inflation Percent inflation Persistent high inflation Price elasticity Price inflation Price level Price mechanism Price stability Printing money Public debt Rate of growth of wages Rate of inflation Rates of inflation Rational expectations Real appreciation Real exchange rate appreciation Real exchange rate change Real exchange rate Real exchange rates Real interest rate Real interest rates Real money Real output Real rate of interest Real rates Real variables Real wages Reduction in inflation Reduction of inflation Relative price variability Relative price Relative prices Reserve requirement Reserve requirements Rise in inflation Speculative capital inflows Speculative capital Stable exchange rate regime Stable exchange rate Stable price Swift Terms of trade shock Terms of trade shocks Terms of trade Tight monetary policy Wage adjustment Wage adjustments Wage bargaining Wage inflation Wage policy Wage settlements Wage Wage-price Wages Hungary Poland
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Moderate Inflation : The Experience of Transition Economies /

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