TY  - BOOK
ED  - International Monetary Fund.
TI  - Inflation Dynamics in Kazakstan
T2  - IMF Working Papers; Working Paper
SN  - 1451856083 :
SN  - 1018-5941
PY  - 1995///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Inflation Rates
KW  - imf
KW  - Relative Price Variability
KW  - Relative Price
KW  - Relative Prices
KW  - Kazakhstan
N2  - In January 1992, Kazakstan initiated a reform program to move toward market-determined prices. The price liberalization process was characterized by large relative price shifts and an increase in the overall price level toward those observed in market economies. The paper shows how the piecemeal manner in which prices were liberalized resulted in strong relative price variability over a prolonged period of time, against a background of high inflation. Convergence toward international relative and absolute price levels has progressed but is not complete, with prices for energy and services in particular still below market economy level
UR  - http://elibrary.imf.org/view/IMF001/03553-9781451856088/03553-9781451856088/03553-9781451856088.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451856088
ER  -