Evolution of Monetary Policy in Transition Economies (ICPSR 1219)
Version Date: Aug 28, 2000 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
Ali Kutan, Federal Reserve Bank of St. Louis;
Josef Brada, Federal Reserve Bank of St. Louis
https://doi.org/10.3886/ICPSR01219.v1
Version V1
Summary View help for Summary
The last decade of the 20th century brought about many economic and financial changes in the economies of former communist countries. This article provides an overview of the developments that took place in financial markets, institutions, and monetary policies of three of the most advanced transition economies: the Czech Republic, Hungary, and Poland. After examining the evolution of monetary policy in each country, the authors highlight the problems that monetary authorities have faced in these countries and describe the current approach to managing inflation. The authors state that although monetary policy has made a significant contribution to stabilization, the relative newness and fragility of these countries' markets and institutions remains a concern because of the heavy burden placed on monetary authorities in the battle to reduce inflation. They caution that it will be important to continue to strengthen the capital market in these countries and to provide more active fiscal policy support for monetary policy.
Citation View help for Citation
Export Citation:
Subject Terms View help for Subject Terms
Geographic Coverage View help for Geographic Coverage
Distributor(s) View help for Distributor(s)
Data Collection Notes View help for Data Collection Notes
-
(1) The file submitted is 0003ak.xls, a data file. (2) These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
Original Release Date View help for Original Release Date
2000-08-28
Version History View help for Version History
- Kutan, Ali, and Josef Brada. Evolution of Monetary Policy in Transition Economies. ICPSR01219-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2000-08-28. http://doi.org/10.3886/ICPSR01219.v1
Notes
These data are flagged as replication datasets and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
The public-use data files in this collection are available for access by the general public. Access does not require affiliation with an ICPSR member institution.