Monetary Policy in Transition

Inflation Nexus Money Supply in Postcommunist Russia

By: Milan Nikolic

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Hardcover | 8 August 2006 | Edition Number 1

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Hardcover
174 Pages

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21.59 x 13.97 x 1.12

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Lack of coordination of fiscal and monetary policies, disregard for the high degree of inflation persistency, unstable relations and bilateral causality between money supply and inflation, all imply an inappropriateness of money-based stabilizations for the transition economy of postcommunist Russia conducted under the auspices of the IMF. As a representative of the West, the IMF pretended to aid Russians through stabilisation. The IMF promised loans while the Russian government promised reforms. This turned out to be a pseudo lending for pseudo reforms with disastrous consequences for the Russian economy as explored and scrutinized in this volume.

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You Can Find This Book In

Non-Fiction Economics Macroeconomics Monetary Economics Miscellaneous Items Economic Systems & Structures Accounting & Finance Finance History Regional & National History European History Political Economy

Introduction
Emergence of Open Inflation and Stabilisation Efforts in Postcommunist Russia
Inflation Expectation in Postcommunist Russia
Money Supply-Inflation Relationship in Transition Economies: The Case of Russia
Money Supply-Inflation Causality in Transition Economies: The Case of Russia
The Role of International Financial Institutions in Stabilising Russian Economy
Final Conclusion and Direction for Further Research
Table of Contents provided by Publisher. All Rights Reserved.

Monetary Policy in Transition

Inflation Nexus Money Supply in Postcommunist Russia

At a Glance

Hardcover

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How to return your order

Defective items

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