Moderate Inflation in Poland : A Real Story

A Real Story

Moderate Inflation in Poland : A Real Story
Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by significant changes in relative prices. Second, as wage and price indexation takes root, the inflationary effect of... READ MORE...

Publication date: June 1996
ISBN 9781451967432
$15.00

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