01534cas a2200241 a 4500 AALejournalIMF000394 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451955569 1018-5941 BD-DhAAL BD-DhAAL Ghosh, Atish. Inflation in Transition Economies : How Much? and Why? / Atish Ghosh. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (28 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 Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation may be necessary. It concludes that low inflation may be important for achieving remonetization of the economy and sustained output growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/080 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/080/001.1997.issue-080-en.xml IMF e-Library