Sustaining Low Inflation in Ukraine in the Context of Financial Liberalization Policies

Description

Research conducted jointly by CASE - Center for Social and Economic Research, CASE Ukraine and Kyiv Institute for Reforms was aimed at defining and describing the necessary conditions that could best support Ukraine's economic growth without compromising inflation and macroeconomic stability.

A team of experts (Malgorzata Jakubiak - coordinator, Przemysław Wozniak, Wojciech Paczynski, Oksana Novoseletska, Mykyta Mykhaylychenko, Volodymyr Ryaboshlyk and Victor Maziarchuk) analysed Poland's and Ukraine's experience in achieving low inflation, proposed optimal measures of core inflation in Ukraine, and researched monetary transmission mechanisms in Ukraine.

The project was supported by PAUCI (Poland-America-Ukraine Cooperation Initiative).

The research results were presented during several seminars in Kyiv, and summarized during an international conference that took place on December 10, 2004.  [See: Conference program]

Conference presentations:

1. Marek Dabrowski, Таргетирование  инфляции в переходной экономике
2. Mykyta Mykhaylychenko, Core Inflation: Estimates for Ukraine
3. Wojciech Paczynski, Monetary Transmission Research in Europe: Lessons for Ukraine
4. Przemyslaw Wozniak, Disinflation in Poland 1990-2004
5. Volodymyr Ryaboshlyk, НОВІ ПІДХОДИ ДО ТАРГЕTУВАННЯ ІНФЛЯЦІЇ: ВІДНОСНІ ЦІНИ І ВІДНОСНІ ДОХОДИ

The results of the project were published by CASE Ukraine