Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. European II Department.
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| ISBN: | 1283566265
9781283566261
1451896433
9781451896435
1462387314
9781462387311
1452714940
9781452714943
9786613878717
6613878715
9781451955569
1451955561
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| Notes: | Includes bibliographical references (pages 27-28).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | Low inflation has long been a key objective of Fund-supported programs. This emphasis on lowering inflation harkens back to the days of the Bretton Woods system when fixed exchange rates were de rigeur. Under fixed exchange rates, an inflation rate above the "world level" would result in drawings from the Fund simply bleeding out again through the balance of payments. With greater exchange rate flexibility, however, and larger swings in equilibrium real exchange rates (in the face of, or financed by, private capital flows), the case for very low rates of inflation may be less compelling
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| Other form: | Print version: Ghosh, Atish R. Inflation in transition economies. [Washington, D.C.] : International Monetary Fund, European II Dept., ©1997
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| Standard no.: | 10.5089/9781451896435.001
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