Stabilization and Structural Change in Russia, 1992-94:
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Bibliographic Details
Main Author: Koen, Vincent (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 1995
Series:IMF Working Papers Working Paper No. 95/13
Links:http://elibrary.imf.org/view/IMF001/06476-9781451842951/06476-9781451842951/06476-9781451842951.xml
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Abstract:Macroeconomic stabilization and structural reforms in Russia since 1992 have been proceeding in a rather chaotic fashion. The Russian variety of economic gradualism has seen a sharp decline in output, though less than indicated by official statistics, and relatively resilient household consumption. Hyperinflation has been avoided so far by tightened financial policies, but remains a threat. Conventional macroeconomic wisdom on the relation between money, prices and output is relevant for Russia. Moreover, stabilization and structural change interact and are mutually reinforcing
Physical Description:1 Online-Ressource (32 p)
ISBN:1451842953
9781451842951