Monetary Policy in Transition Inflation Nexus Money Supply in Postcommunist Russia

Name: Monetary Policy in Transition Inflation Nexus Money Supply in Postcommunist Russia
Price: 109.99 USD
Availability: InStock
ISBN: 9781403987433

ISBN-10: 1403987432

ISBN-13: 9781403987433

Edition: 2006

Authors: Milan Nikolic

List price: $140.00

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Description:

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.

Book details

List price: $140.00
Copyright year: 2006
Publisher: Palgrave Macmillan Limited
Publication date: 6/16/2006
Binding: Hardcover
Pages: 158
Size: 5.50" wide x 8.50" long x 0.44" tall
Weight: 0.770
Language: English



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