01692cas a2200241 a 4500 AALejournalIMF007655 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857795 1018-5941 BD-DhAAL BD-DhAAL Bleaney, M. The Disappearing Openness-Inflation Relationship : A Cross-Country Analysis of Inflation Rates / M. Bleaney. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (16 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 The robust negative correlation between openness and inflation found in cross-country data for the 1970s and 1980s has disappeared in the 1990s. There is now a strong negative correlation of inflation with per capita GDP, as higher-income countries have achieved significant disinflation not emulated by lower-income countries. Since 1973, the most consistent finding is that floating exchange rate regimes are associated with inflation rates at least 10 percent a year higher than pegged exchange rate regimes, after allowing for other factors. There is also a consistent positive correlation between land area and inflation. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1999/161 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/161/001.1999.issue-161-en.xml IMF e-Library