This paper assesses whether the exchange rate pass-through in transition economies changed due to inflation targeting and the ongoing crisis. The economies of Central and South Eastern Europe and the Commonwealth of Independent States, of which nine are inflation targeters, are examined over the...

In the transition from the command economy to the market economy it is becoming more and more urgent for the countries of Central and Eastern Europe to readjust their social policies and reorganise their social security systems. In doing so, the conflict between social solidarity and individual...