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Text Tables 1 Inflation in Selected Economies in Transition
Relieving inflationary pressures
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arrears authorities and IMF banks Bulgaria cash centrally-planned economies chronic inflation collective farms countries Croatia currency Czech Republic Czechoslovakia decline described in Proposition End of period enterprise sector Estonia ever-increasing monetary overhang exchange rate anchor Figure fiscal former Yugoslavia free markets free prices Holzman Hungary hyperinflation IMF staff estimates incomes policies increase in wages inflation and stabilization Inflation in Selected inflation rates inflationary pressures interenterprise Latvia macroeconomic market economies market prices monetary reform money and credit money balances money supply National authorities nominal wages official prices open inflation output percent permanent increase planned economies planners Poland price jump price level price liberalization prices and wages public sector real exchange rate reducing inflation Romania Russia Selected Transition Economies shocks Slovak Republic Slovenia soft budget constraints sources of inflationary Soviet Union stabilization programs structural reforms targets temporary increase Vegh wage increases wage policies XjBA XoTTod B9Bm