VIII Prices in the Transition: Ten Stylized Facts

International Monetary Fund
Published Date:
January 1998
    • ShareShare
    Show Summary Details
    Vincent Koen and Paula R. De Masi

    The overall price level increased sharply in transition countries once prices were freed. Disinflation has most fre—uently been gradual, with prices continuing to rise rapidly in subseuent years. This paper identifies the well- and lesser-known features of inflationary processes in central and eastern Europe, the Baltic countries, Russia, and other countries of the former Soviet Union based on a sample of 26 countries and observations spanning the first five to seven years of transition. [JEL: E31, P22, R32]

      You are not logged in and do not have access to this content. Please login or, to subscribe to IMF eLibrary, please click here

      Other Resources Citing This Publication