TY - BOOK AU - Cottarelli,Carlo AU - Szapary,Gyorgy ED - International Monetary Fund. ED - Magyar Nemzeti Bank. TI - Moderate inflation: the experience of transition economies SN - 1557756996 AV - HG930.7 .M63 1998 U1 - 332.4’1 PY - 1998/// CY - Washington, DC, [Budapest] PB - International Monetary Fund, National Bank of Hungary KW - Inflation (Finance) KW - Europe, Eastern N1 - "Proceedings of a seminar held in Budapest, Hungary, on June 3, 1997."; Includes bibliographical references N2 - Many countries, including several transition economies, have in the last few years recorded a sharp decline in inflation, but have been unable to bring inflation down to lower single digits or to achieve price stability. In these countries, inflation has stabilized at moderate levels, with further progress becoming seemingly more difficult. What are the problems created by moderate inflation? What is the appropriate strategy to fight moderate inflation? What is the appropriate speed of disinflation? These and other issues related to disinflation in transition economies are taken up in this book ER -