• Login
    View Item 
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • IDS Bulletin
    • 1990 - 1999
    • Volumes 21 - 30
    • Volume 29, Issue 3
    • View Item
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • IDS Bulletin
    • 1990 - 1999
    • Volumes 21 - 30
    • Volume 29, Issue 3
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    The Price of Failure:

    Thumbnail
    Download
    IDSB_29_3_10.1111-j.1759-5436.1998.mp29003003.x.pdf (217.9Kb)
    Date
    01/07/1998
    Author
    Lines, Thomas
    Metadata
    Show full item record
    Impact
    Abstract
    Summaries This article examines the development of monetary policy in Russia since prices were liberalised in 1992. It traces events from the monetary overhang which preceded that step, through sharp inflation and the monetary contraction with which stability was restored, to the present crisis of illiquidity and demonetisation. The article argues that, far from easing the way to flexible, market?based policies, this chain of events has left policymakers as severely boxed in as at the start. While any reform strategy was fraught with danger, it would have been better to take a less cavalier attitude to prices and concentrate from the beginning on building the financial and legal institutions required for macro?economic policy to work.
    URI
    https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/9163
    Citation
    Lines, T. (1998) The Price of Failure: . IDS Bulletin 29(3): 17-25
    DOI
    10.1111/j.1759-5436.1998.mp29003003.x
    Is part of series
    IDS Bulletin Vol. 29 Nos. 3
    Rights holder
    © 1998 Institue of Development Studies
    Rights details
    http://www.ids.ac.uk/files/dmfile/IDSOpenDocsStandardTermsOfUse.pdf
    Collections
    • Volume 29, Issue 3 [13]

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies
     

     

    Browse

    All of OpenDocsCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies