Disinflation in transition, 1993 - 97:
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Washington, DC
1999
|
| Series: | Occasional paper / International Monetary Fund
179 : Issues in transition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | V, 46 S. graph. Darst. |
| ISBN: | 1557757976 |
Staff View
MARC
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Record in the Search Index
| _version_ | 1804144416606126080 |
|---|---|
| adam_text | Contents
Page
Preface v
I Introduction I
II Inflation Developments 2
III Disinflation, Output, and the Current Account Balance 5
Disinflation and Output Growth 5
Disinflation and the External Current Account 8
IV Inflation Inertia, Credibility, and Disinflation 9
The Context for Disinflation 9
Policy Response: Fiscal Policy 12
Policy Response: Credibility-Enhancing Devices 20
Policy Response: Sequencing and Speed 27
V Persistent Moderate Inflation 30
VI Conclusions 33
Appendices
1. Relation Between Inflation and Output in Transition Revisited 35
II. Financial Stability 40
Boxes
IV 1. Relative Prices and Inflation: A Look Ahead 12
2. Inflation and Fiscal Deficits: Summary of Econometric Results 19
3. Disinflation Reversals in 1993-97: Albania, Bulgaria, and Romania 28
Tables
II 1. Twelve-Month Inflation Rates in Transition Economies 2
2. Disinflation Thresholds 3
IV 3. Administered Price Changes 13
4. Development of Government Securities Markets 14
5. Overall and Primary General Government Balances, and Central
Bank Financing to the Government 15
6. Fiscal and Inflation Developments 17
7. General Government Revenue and Primary Expenditures in
Transition Economies 18
8. Actual and Sustainable Primary Fiscal Balances 20
9. Broad Money Growth and Depreciation Rates in Transition
Economies 21
10. Number of Peggers and Floaters 22
11. Exchange Rate Regime in Transition Countries 23
12. Developments in Central Bank Legislation 26
Appendix
13. Regression Results 37
Figures
III 1. The Baltics, Russia, and Other Countries of the Former Soviet Union
and Central and Eastern Europe—GDP Growth, Inflation, and
Transition Index 6
2. The Baltics, Russia, and Other Countries of the Former Soviet Union
and Central and Eastern Europe—Current Account Balance,
in Percent of GDP, 1990-97 7
IV 3. Transition Economies: Fiscal Performance Versus Inflation
Performance, 1994-97 16
V 4. Advanced Transition Reformers, 1990-97 31
References 42
The following symbols have been used throughout this paper:
... to indicate that data are not available;
n.a. to indicate not applicable;
— to indicate that the figure is zero or less than half the final digit shown, or that the item
does not exist;
between years or months (e.g., 1994-95 or January-June) to indicate the years or months
covered, including the beginning and ending years or months;
/ between years (e.g., 1994/95) to indicate a crop or fiscal (financial) year.
Billion means a thousand million.
Minor discrepancies between constituent figures and totals are due to rounding.
The term country, as used in this paper, does not in all cases refer to a territorial entity that
is a state as understood by international law and practice; the term also covers some territo¬
rial entities that are not states, but for which statistical data are maintained and provided
internationally on a separate and independent basis.
B
|
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| discipline | Wirtschaftswissenschaften |
| era | Geschichte 1993-1997 gnd |
| era_facet | Geschichte 1993-1997 |
| format | Book |
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| indexdate | 2024-07-09T23:03:13Z |
| institution | BVB |
| isbn | 1557757976 |
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| spelling | Cottarelli, Carlo Verfasser aut Disinflation in transition, 1993 - 97 Carlo Cottarelli and Peter Doyle Washington, DC 1999 V, 46 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Occasional paper / International Monetary Fund 179 : Issues in transition Geschichte 1993-1997 gnd rswk-swf Inflation (DE-588)4026887-1 gnd rswk-swf Produktivität (DE-588)4047364-8 gnd rswk-swf Stabilitätspolitik (DE-588)4077791-1 gnd rswk-swf Disinflation (DE-588)4338275-7 gnd rswk-swf Baltikum (DE-588)4004379-4 gnd rswk-swf Osteuropa (DE-588)4075739-0 gnd rswk-swf Osteuropa (DE-588)4075739-0 g Disinflation (DE-588)4338275-7 s Geschichte 1993-1997 z DE-188 Inflation (DE-588)4026887-1 s Stabilitätspolitik (DE-588)4077791-1 s Produktivität (DE-588)4047364-8 s Baltikum (DE-588)4004379-4 g 1\p DE-604 Doyle, Peter 1961- Verfasser (DE-588)130298654 aut International Monetary Fund Occasional paper 179 (DE-604)BV002597241 179 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=021616478&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Cottarelli, Carlo Doyle, Peter 1961- Disinflation in transition, 1993 - 97 Inflation (DE-588)4026887-1 gnd Produktivität (DE-588)4047364-8 gnd Stabilitätspolitik (DE-588)4077791-1 gnd Disinflation (DE-588)4338275-7 gnd |
| subject_GND | (DE-588)4026887-1 (DE-588)4047364-8 (DE-588)4077791-1 (DE-588)4338275-7 (DE-588)4004379-4 (DE-588)4075739-0 |
| title | Disinflation in transition, 1993 - 97 |
| title_auth | Disinflation in transition, 1993 - 97 |
| title_exact_search | Disinflation in transition, 1993 - 97 |
| title_full | Disinflation in transition, 1993 - 97 Carlo Cottarelli and Peter Doyle |
| title_fullStr | Disinflation in transition, 1993 - 97 Carlo Cottarelli and Peter Doyle |
| title_full_unstemmed | Disinflation in transition, 1993 - 97 Carlo Cottarelli and Peter Doyle |
| title_short | Disinflation in transition, 1993 - 97 |
| title_sort | disinflation in transition 1993 97 |
| topic | Inflation (DE-588)4026887-1 gnd Produktivität (DE-588)4047364-8 gnd Stabilitätspolitik (DE-588)4077791-1 gnd Disinflation (DE-588)4338275-7 gnd |
| topic_facet | Inflation Produktivität Stabilitätspolitik Disinflation Baltikum Osteuropa |
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