| Description |
1 online resource (20 pages) : illustrations, tables |
| Series |
IMF Country Reports ; No. 15/137 |
| Summary |
This Selected Issues paper analyzes the causes of the high inflation in Belarus. It estimates the contribution of two factors: (1) exchange rate pass-through and (2) administrative price increases. Residual inflation is used as a gauge for inflation caused directly by demand pressures and inflation expectations. It is found that the administrative price increases are a key driver of inflation, even ahead of demand pressures, which also explain a large share of inflation. Although exchange rate pass-through is found to be high and fast, particularly for unregulated prices, its contribution to inflation has been comparatively modest in recent years owing to the stability of the exchange rate |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (ebrary, viewed July 01, 2015) |
| Subject |
Fiscal policy -- Belarus
|
|
Sustainable development -- Belarus
|
|
Production (Economic theory)
|
|
Economic history
|
|
Economic policy
|
|
Fiscal policy
|
|
Production (Economic theory)
|
|
Sustainable development
|
| SUBJECT |
Belarus -- Economic policy.
http://id.loc.gov/authorities/subjects/sh89003920
|
|
Belarus -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh87005226
|
| Subject |
Belarus
|
| Form |
Electronic book
|
| ISBN |
9781513576534 |
|
1513576534 |
|
9781513596860 |
|
1513596861 |
|
