Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. African Department.
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| ISBN: | 1451896131
9781451896138
1281458333
9781281458339
1462396399
9781462396399
1452777500
9781452777504
9786613780539
6613780537
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| Notes: | Includes bibliographical references (pages 23-24).
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: | This paper examines the behavior of consumer prices during the transition from plan to market in the countries of Central and Eastern Europe and the former Soviet Union from 1990 to 1996. It focuses on the influence of two key explanatory variables: economic liberalization and monetary growth, both across countries of the region and over time. This topic has been a controversial one. During the early stages of the transition in Eastern Europe and the former Soviet Union many who opposed reforms, and some who favored a gradual approach to reform, objected to rapid decontrol of prices on the grounds that it would be disruptive and would trigger an inflationary process. Critics of price liberalization were particularly vocal following the freeing of most prices in Russia by the government of Egor Gaidar in January 1992. The issue also has been a controversial one in the current debate about future reform in Cuba. 1.
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| Other form: | Print version: Hernández-Catá, Ernesto. Price liberalization, money growth, and inflation during the transition to a market economy. [Washington, D.C.] : International Monetary Fund, African Dept., ©1999
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| Standard no.: | 10.5089/9781451896138.001
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