Evolution of Monetary Policy in Transition Economies

The Resource Evolution of Monetary Policy in Transition Economies
Label
Evolution of Monetary Policy in Transition Economies
Statement of responsibility
Ali Kutan, Josef Brada
Contributor
Subject
Genre
Language
eng
Summary
The last decade of the 20th century brought about many economic and financial changes in the economies of former communist countries. This article provides an overview of the developments that took place in financial markets, institutions, and monetary policies of three of the most advanced transition economies: the Czech Republic, Hungary, and Poland. After examining the evolution of monetary policy in each country, the authors highlight the problems that monetary authorities have faced in these countries and describe the current approach to managing inflation. The authors state that although monetary policy has made a significant contribution to stabilization, the relative newness and fragility of these countries' markets and institutions remains a concern because of the heavy burden placed on monetary authorities in the battle to reduce inflation. They caution that it will be important to continue to strengthen the capital market in these countries and to provide more active fiscal policy support for monetary policy.... Cf.: http://dx.doi.org/10.3886/ICPSR01219
Member of
Additional physical form
Also available as downloadable files.
Cataloging source
ICPSR
Characteristic
combination
Funding information
inap.
Geographic coverage
Czech Republic, Hungary, Poland.
Government publication
unknown if item is government publication
Series statement
ICPSR
Series volume
1219
Target audience
specialized

Context

Context of Evolution of Monetary Policy in Transition Economies

Work of

Structured data from the Bibframe namespace is licensed under the Creative Commons Attribution 4.0 International License by University of Missouri Libraries. Additional terms may apply to data associated with third party namespaces.
Processing Feedback ...