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Macroeconomic Stabilization in Russia: Lessons of Reform, 1992-1995

Author

Listed:
  • Skidelsky, R.
  • Halligan, L..

Abstract

In this paper we outline the main theories of persisting high inflation and test them informally by reference to the three main attempts to stabilise the Russian macroeconomy between 1992-4. We then assess the prospects for the success of the fourth and current effort.

Suggested Citation

  • Skidelsky, R. & Halligan, L.., 1996. "Macroeconomic Stabilization in Russia: Lessons of Reform, 1992-1995," The Warwick Economics Research Paper Series (TWERPS) 452, University of Warwick, Department of Economics.
    • Handle: RePEc:wrk:warwec:452
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/workingpapers/1995-1998/twerp452.pdf
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    More about this item

    Keywords

    INFLATION; ECONOMIC POLICY; ECONOMIC REFORM;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E64 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Incomes Policy; Price Policy
    • P22 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Prices
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights
    • P29 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Other

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