Relative Price Convergence in Russia

Relative Price Convergence in Russia PDF Author: Ms.Paula De Masi
Publisher: International Monetary Fund
ISBN: 1451847467
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
Following price and exchange rate liberalization, domestic consumer prices in Russia moved closer to market levels. This paper quantifies the magnitude of the associated relative price changes. It also shows that relative price variability has been positively correlated with inflation. It is further established that convergence toward international relative and absolute price levels is far from complete, and that geographical price dispersion within Russia has declined since early 1992 but remains fairly high.

Relative Price Convergence in Russia

Relative Price Convergence in Russia PDF Author: Ms.Paula De Masi
Publisher: International Monetary Fund
ISBN: 1451847467
Category : Business & Economics
Languages : en
Pages : 48

Get Book Here

Book Description
Following price and exchange rate liberalization, domestic consumer prices in Russia moved closer to market levels. This paper quantifies the magnitude of the associated relative price changes. It also shows that relative price variability has been positively correlated with inflation. It is further established that convergence toward international relative and absolute price levels is far from complete, and that geographical price dispersion within Russia has declined since early 1992 but remains fairly high.

IMF Staff papers, Volume 43 No. 1

IMF Staff papers, Volume 43 No. 1 PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1451957092
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
This paper extends a standard growth model and obtains consistent panel data estimates of the growth retarding effects of military spending via its adverse impact on capital formation and resource allocation. Simulation experiments suggest that a substantial long-term “peace dividend”—in the form of higher capacity output—may result from markedly lower military expenditure levels achieved in most regions during the late 1980s, and the further military spending cuts that would be possible if global peace could be secured.

Relative Price Convergence in Russia

Relative Price Convergence in Russia PDF Author: Paula De Masi
Publisher:
ISBN:
Category :
Languages : en
Pages : 48

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Book Description
Following price and exchange rate liberalization, domestic consumer prices in Russia moved closer to market levels. This paper quantifies the magnitude of the associated relative price changes. It also shows that relative price variability has been positively correlated with inflation. It is further established that convergence toward international relative and absolute price levels is far from complete, and that geographical price dispersion within Russia has declined since early 1992 but remains fairly high.

Russian Federation

Russian Federation PDF Author:
Publisher: World Bank Publications
ISBN: 9780821335673
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
World Bank Discussion Paper No. 310. Examines the economic performance of East and Southeast Asia and Sub-Saharan Africa and attempts to identify some of the practical lessons that Africa can learn from Asia, in order to facilitate industrial development and export growth. Three country comparisons--illustrate the critical nature of government policies, such as exchange rate policy and the role assigned to the agricultural sector.

Russia and Central Asia

Russia and Central Asia PDF Author: Shoshana Keller
Publisher: University of Toronto Press
ISBN: 1487594348
Category : History
Languages : en
Pages : 361

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Book Description
This introduction to Central Asia and its relationship with Russia helps restore Central Asia to the general narrative of Russian and world history.

The Russian City in Transition

The Russian City in Transition PDF Author: Martha De Melo
Publisher: World Bank Publications
ISBN:
Category : Autonomy
Languages : en
Pages : 64

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Book Description
Reform in 10 regional capitals along the Volga River is associated with favorable initial conditions. And both reform and favorable initial conditions are associated with relatively successful economic outcomes, except where access to extra resources improves outcomes or where weak government undermines success.

Prices in the Transition

Prices in the Transition PDF Author: Ms.Paula De Masi
Publisher: International Monetary Fund
ISBN: 1451857543
Category : Business & Economics
Languages : en
Pages : 32

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Book Description
The overall price level increased sharply in transition countries once prices were freed. Disinflation has most frequently been gradual, with prices continuing to rise rapidly in subsequent years. This paper identifies the well-known and lesser-known features of inflationary processes in central and eastern Europe, the Baltics, Russia, and other countries of the former Soviet Union on the basis of a sample of 26 countries and observations spanning the first five to seven years of transition.

Politics In Russia: A Reader

Politics In Russia: A Reader PDF Author: Joel M. Ostrow
Publisher: CQ Press
ISBN: 1608716503
Category : Political Science
Languages : en
Pages : 513

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Book Description
A comprehensive reader composed of landmark selections, guided by the insight that to understand contemporary Russia, students need to know that there are strongly competing interpretations of Russian politics, both past and present.

IMF Staff papers, Volume 42 No. 3

IMF Staff papers, Volume 42 No. 3 PDF Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 145197339X
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This paper analyzes long-term exchange rate modeling. The paper reviews the literature that tests for a unit root in real exchange rates and the closely related work on testing for a unit root in the residual from a regression of the nominal exchange rate on relative prices. It argues that the balance of evidence is supportive of the existence of some form of long-term exchange rate relationship. The paper highlights that the form of this relationship, however, does not accord exactly with a traditional representation of the long-term exchange rate.

Moderate Inflation

Moderate Inflation PDF Author: Mr.Carlo Cottarelli
Publisher: International Monetary Fund
ISBN: 9781557756992
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
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 speed of disinflation? These and other issues related to disinflation in transition economies are taken up in this book, edited by Carlo Cottarelli and Gyorgy Szapáry.