Inflation dynamics in Kazakstan /
Saved in:
| Author / Creator: | Broeck, Mark de, author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, European II Dept. and Research Dept., ©1995. |
| Description: | 1 online resource (iv, 25 pages) : illustrations |
| Language: | English |
| Series: | IMF working paper ; WP/95/140 IMF working paper ; WP/95/140. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496178 |
| Summary: | In January 1992, Kazakstan initiated a reform program to move toward market-determined prices. The price liberalization process was characterized by large relative price shifts and an increase in the overall price level toward those observed in market economies. The paper shows how the piecemeal manner in which prices were liberalized resulted in strong relative price variability over a prolonged period of time, against a background of high inflation. Convergence toward international relative and absolute price levels has progressed but is not complete, with prices for energy and services in particular still below market economy level. |
|---|---|
| Physical Description: | 1 online resource (iv, 25 pages) : illustrations |
| Format: | 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. |
| Bibliography: | Includes bibliographical references (page 25). |
| ISBN: | 1462372082 9781462372089 1455252565 9781455252565 1282109375 9781282109377 1455237310 9781455237319 9786613802262 6613802263 |