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What Explains Persistent Inflation Differentials Across Transition Economies?

What Explains Persistent Inflation Differentials Across Transition Economies? »

Volume/Issue: 2007/189

Series: IMF Working Papers

Author(s): Mark Flanagan , and Felix Hammermann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867534.001

ISBN: 9781451867534

Keywords: panel data, central bank, monetary policy, terms of trade, monetary fund,

Panel estimates based on 19 transition economies suggests that some central banks may aim at comparatively high inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberaliz...

What Explains Persistent Inflation Differentials Across Transition Economies?1

What Explains Persistent Inflation Differentials Across Transition Economies?1 »

Source: What Explains Persistent Inflation Differentials Across Transition Economies?

Volume/Issue: 2007/189

Series: IMF Working Papers

Author(s): Mark Flanagan , and Felix Hammermann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867534

Keywords: panel data, central bank, monetary policy, terms of trade, monetary fund,

Panel estimates based on 19 transition economies suggests that some central banks may aim at comparatively high inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberaliz...

7 Central Bank Accounting and Internal Audit

7 Central Bank Accounting and Internal Audit »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

The broad focus of reforms in central bank accounting and internal audit has been on the implementation of accounting systems that are both relevant and practical for supporting the...

Central Bank Reform in the Transition Economies

Central Bank Reform in the Transition Economies »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

DOI: http://dx.doi.org/10.5089/9781557756084.071

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization effor...

Front Matter

Front Matter »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States have undertaken comprehensive reform of their monetary and exchange arrangements in support of their stabilization effor...

5 Foreign Exchange Operations, Markets, and Reserve Management

5 Foreign Exchange Operations, Markets, and Reserve Management »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Over the last four years, the transition countries have, on the whole, moved substantially toward more market-based exchange rate arrangements, with a view to promoting both greater...

2 Macroeconomic Developments in 1995 and Early 1996

2 Macroeconomic Developments in 1995 and Early 1996 »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

The key to the broad-based macroeconomic stabilization that has taken hold since early 1995 has been a deeper understanding among the authorities of the role of strict financial pol...

3 Main Issues and Challenges in Designing Bank-Restructuring Strategies

3 Main Issues and Challenges in Designing Bank-Restructuring Strategies »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Until the late 1980s, the financial sector of the transition countries was characterized by a banking system in which the central bank dominated the financial sector. The savings ba...

4 Monetary Operations, Money Markets, and Public Debt Management

4 Monetary Operations, Money Markets, and Public Debt Management »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Transition economies have on the whole made good progress in introducing indirect monetary policy instruments, but much still remains to be done to bring monetary operations to mode...

1 Overview

1 Overview »

Source: Central Bank Reform in the Transition Economies

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781557756084

Keywords: national bank, banking, central bank, foreign exchange, banking system

Since 1992, the central banks of the Baltic states and the Commonwealth of Independent States (CIS) have undertaken to various degrees comprehensive reform of their monetary and exc...