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Inflation and Transition: from Soviet Experience to Russian Reality

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Financial Fragility, Debt and Economic Reforms
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Abstract

With the Perestroika the former Soviet Union is believed to have joined the ill-fated club of countries plagued by severe inflation and even hyperinflation. Money and finance have became key words now in Russia and among successor states of the once proud USSR. However, if it is common knowledge that transition to a market economy could lead to sharp monetary disequilibria, their nature is far from clear and not easily understood.

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Notes

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© 1996 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Sapir, J. (1996). Inflation and Transition: from Soviet Experience to Russian Reality. In: Sen, S. (eds) Financial Fragility, Debt and Economic Reforms. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-13801-2_12

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