Inflation in Bulgaria - Methodology of Measurement and Tendencies in Its Development during 1991 - 1992
Inflation in Bulgaria - Methodology of Measurement and Tendencies in Its Development during 1991 - 1992

Author(s): Maria Zetcheva
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Sociology, Economic policy, Economic development, Financial Markets, Socio-Economic Research
Published by: Център за изследване на демокрацията
Summary/Abstract: Price liberalization occupies a central place in every stabilization program. Its purpose is to reach a rational relative price structure and thus to eliminate the imbalance between the solvent demand and supply of goods and services, set up in the terms of administrative valuation of prices. By removing price level control arises a possibility of unfolding hidden inflationary processes in the economy. The choice of a liberalization scheme is an important problem in this aspect. It is to direct the completion of price liberalization process so that an optimum effect is reached.

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