01647cas a2200241 a 4500 AALejournalIMF000214 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856088 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Inflation Dynamics in Kazakstan. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1995/140 Full text available on IMF http://elibrary.imf.org/view/journals/001/1995/140/001.1995.issue-140-en.xml IMF e-Library