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Achieving Stabilization in Armenia1

Achieving Stabilization in Armenia1 »

Source: Achieving Stabilization in Armenia

Volume/Issue: 1998/38

Series: IMF Working Papers

Author(s): Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

ISBN: 9781451845662

Keywords: transition economy, fiscal impulse, monetary impulse, currency substitution, inflation, monetary policy, inflation tax, foreign currency, foreign exchange

This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilita...

Achieving Stabilization in Armenia

Achieving Stabilization in Armenia »

Volume/Issue: 1998/38

Series: IMF Working Papers

Author(s): Balázs Horváth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

DOI: http://dx.doi.org/10.5089/9781451845662.001

ISBN: 9781451845662

Keywords: transition economy, fiscal impulse, monetary impulse, currency substitution, inflation, monetary policy, inflation tax, foreign currency, foreign exchange

This paper examines the evolution, and impact on stabilization, of macroeconomic policies in Armenia during 1994-96. Fiscal and monetary policies have been effective in stabilizing the Armenian economy and facilita...