Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

between 1993 and 1997. The paper reviews the economic policies underlying the dramatic drop in inflation during those years as … developments in countries, for example, in Latin America, that had experienced high inflation for a long period of time …