Moderate Inflation in Poland : a Real Story /

Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by significant changes in relative prices. Second, as wage and price ind...

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Bibliographic Details
Main Author: Pujol, Thierry
Corporate Author: International Monetary Fund
Other Authors: Griffiths, Mark E. L, Griffiths, Mark
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996
Washington, D.C. : 1996
Series:IMF Working Papers ; Working Paper No. 96/57
IMF Working Papers ; Working Paper no. 96/57
IMF Working Papers; Working Paper ; No. 1996/057
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