Inflation and Transition: from Soviet Experience to Russian Reality

Jacques Sapir

Chapter 11 in Financial Fragility, Debt and Economic Reforms, 1996, pp 204-236 from Palgrave Macmillan

Abstract: Abstract With the Perestroika the former Soviet Union is believed to have joined the ill-fated club of countries plagued by severe inflation and even hyperinflation. Money and finance have became key words now in Russia and among successor states of the once proud USSR. However, if it is common knowledge that transition to a market economy could lead to sharp monetary disequilibria, their nature is far from clear and not easily understood.

Keywords: Monetary Policy; International Monetary Fund; Money Supply; Gross National Product; Market Discipline (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-13801-2_12

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DOI: 10.1007/978-1-349-13801-2_12

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