Reducing Inflation in Ex-Communist Economies: Independent Central Banks Versus Financial Sector Development

Society's aversion to inflation, an outgrowth of financial sector development, has increased over time in twenty-eight excommunist countries, resulting in lower inflation.

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Bibliographic Details
Published in:Problems of post-communism 2012-07, Vol.59 (4), p.38-55
Main Authors: Bogoev, Jane, Petrevski, Goran, Sergi, Bruno S.
Format: Article
Language:English
Subjects:
Central Banks
Independence
Inflation
Monetary policy
Research Methodology
Transition economies
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Description
Summary:Society's aversion to inflation, an outgrowth of financial sector development, has increased over time in twenty-eight excommunist countries, resulting in lower inflation.
ISSN:1075-8216
1557-783X
DOI:10.2753//PPC1075-8216590404