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Relating debt to inflation among transition economies: a blueprint from mature economies?/ created by Trond-Arne Borgersen and Roswitha M. King

By: Contributor(s): Material type: TextTextSeries: Comparative economic studies ; Volume 55, number 4Basingstoke: Palgrave Macmillan, 2013Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 08887233
Subject(s): LOC classification:
  • HB90 COM
Online resources: Abstract: Do transition economies carry features distinct from those of mature economies? Exploring the relation between debt and inflation in mature and transition economies in a two-sector model with endogenous industrial structure, structural factors are shown to hinder achieving balanced performance on debt and inflation for transition economies, quite distinct from mature economies. The Maastricht criteria on debt and inflation, making no distinction between these types of economies, serve as a frame of reference. Should both types of economies face the same euro-zone entry conditions? As our reasoning shows how one size does not fit all, our answer is no.
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Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HB90 COM (Browse shelf(Opens below)) Vol. 55, no.4 (pages 606-635) SP17886 Not for loan For In House Use Only

Do transition economies carry features distinct from those of mature economies? Exploring the relation between debt and inflation in mature and transition economies in a two-sector model with endogenous industrial structure, structural factors are shown to hinder achieving balanced performance on debt and inflation for transition economies, quite distinct from mature economies. The Maastricht criteria on debt and inflation, making no distinction between these types of economies, serve as a frame of reference. Should both types of economies face the same euro-zone entry conditions? As our reasoning shows how one size does not fit all, our answer is no.

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