Achieving Stabilization in Armenia:
This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilitating significant growth, although they have not always worked in cohort. Seigniorage a...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1998
|
| Series: | IMF Working Papers
Working Paper No. 98/38 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Summary: | This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilitating significant growth, although they have not always worked in cohort. Seigniorage and the inflation tax declined dramatically as inflation fell, while dollarization was reversed but reached a plateau after mid-1995, affecting the demand for dram. The paper also presents quantitative indicators, which are suggestive of the trends discussed |
| Physical Description: | 1 Online-Ressource (32 p) |
| ISBN: | 1451845669 9781451845662 |
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| index_date | 2024-07-03T20:13:25Z |
| indexdate | 2024-07-10T09:35:34Z |
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| spelling | Horváth, Balázs Verfasser aut Achieving Stabilization in Armenia Horváth, Balázs Washington, D.C International Monetary Fund 1998 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/38 This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilitating significant growth, although they have not always worked in cohort. Seigniorage and the inflation tax declined dramatically as inflation fell, while dollarization was reversed but reached a plateau after mid-1995, affecting the demand for dram. The paper also presents quantitative indicators, which are suggestive of the trends discussed Online-Ausg http://elibrary.imf.org/view/IMF001/00137-9781451845662/00137-9781451845662/00137-9781451845662.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Horváth, Balázs Achieving Stabilization in Armenia |
| title | Achieving Stabilization in Armenia |
| title_auth | Achieving Stabilization in Armenia |
| title_exact_search | Achieving Stabilization in Armenia |
| title_exact_search_txtP | Achieving Stabilization in Armenia |
| title_full | Achieving Stabilization in Armenia Horváth, Balázs |
| title_fullStr | Achieving Stabilization in Armenia Horváth, Balázs |
| title_full_unstemmed | Achieving Stabilization in Armenia Horváth, Balázs |
| title_short | Achieving Stabilization in Armenia |
| title_sort | achieving stabilization in armenia |
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