Inflation and Growth in the Transition from Socialism

Inflation and Growth in the Transition from Socialism PDF Author: Andrés Solimano
Publisher: World Bank Publications
ISBN:
Category : Bulgaria
Languages : en
Pages : 56

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Book Description
A fragile political-macroeconomic equilibrium is bound to result in high inflation in the transition from socialism. The collapse of growth in Bulgaria is the result of cuts in oil deliveries from the Soviet Unions and Iraq, domestic dislocation in the supply of inputs following the dismantling of central planning, and the contraction of the Soviet market.