Macroeconomic Stabilization In Transition Economies

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Macroeconomic Stabilization In Transition Economies

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Author : Mario I. Blejer
language : en
Publisher: Cambridge University Press
Release Date : 1997-03-28

Macroeconomic Stabilization In Transition Economies written by Mario I. Blejer and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-03-28 with Business & Economics categories.

The essays in this volume explore the special type of policies that were needed in the post-socialist countries of Eastern Europe and the Former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism. The book contains a number of general studies that discuss the type of reforms needed and how they condition policies and analyze the aggregate relationship between reducing inflation, implementing structural reforms, and renewing the process of growth.

Stabilization And Growth In Transition Economies

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Author : Mr.Stanley Fischer
language : en
Publisher: International Monetary Fund
Release Date : 1996-04-01

Stabilization And Growth In Transition Economies written by Mr.Stanley Fischer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-04-01 with Business & Economics categories.

This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former Soviet Union, and Mongolia for the period 1989-1994. Inflation rates have declined significantly in most countries following an inflation stabilization program. Growth resumes after stabilization occurs, typically with a lag of about two years. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of inflation and growth illustrates the key roles of fixed exchange rates, improved fiscal balances, and structural reforms in spurring growth and lowering inflation, and confirms that inflation stabilization programs have been beneficial for growth even after controlling for structural reforms.

State Enterprise Reform And Macroeconomic Stability In Transition Economies

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Author : Frances Perkins
language : en
Publisher: Research School of Pacific Studies Australian National Univ
Release Date : 1994

State Enterprise Reform And Macroeconomic Stability In Transition Economies written by Frances Perkins and has been published by Research School of Pacific Studies Australian National Univ this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Budget categories.

Number 95/1 in the Economics Division Working Papers Development Issues. This paper establishes a link between macroeconomic performance indicators and the reform of state-owned enterprises in formerly centrally planned economies. Consideration is given to the formerly centrally planned economies in Europe and China. Includes a glossary, bibliography and a list of recent publications by the Economics Division, Research School of Pacific and Asian Studies, the Australian National University. Frances Perkins is director of the East Asia Analytical Unit, Department of Foreign Affairs and Trade. Martin Raiser is with the Kiel Institute of World Economics at Kiel University.

Crisis Stabilization And Growth

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Author : Patrick J. Conway
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Crisis Stabilization And Growth written by Patrick J. Conway and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

List of Figures. List of Tables. List of Symbols. List of Country Acronyms. Foreword and Acknowledgements. I. The Transition Economies. II. Saving, by Plan and in the Market. III. Considering the Competing Explanations of Transition in Inflation and Economic Growth. IV. The Inflationary Explosion Following Price Liberalization. V. The Crisis Years. VI. Directed Credits and Financial Repression in Belarus. VII. Stabilization in Transition Economies. VIII. Ukraine in the Stabilization Phase. IX. Georgia: from Crisis to Stabilization .. and Then? X. The Fallout of the Russian Financial C.

Inflation And Stabilization In Transition Economies

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Author : Ms.Ratna Sahay
language : en
Publisher: International Monetary Fund
Release Date : 1995

Inflation And Stabilization In Transition Economies written by Ms.Ratna Sahay and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.

A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are then compared to those of high inflation market economies. The paper concludes that, despite significant differences in the economic structure and institutional framework, the inflation and stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and lack of fiscal discipline are critical in sustaining inflation, and exchange rate-based anchors seem more successful than money anchors in bringing down inflation. On the other hand, wage policies appear to be more critical in reigning inflation in transition economies than in market economies.

The Economics Of Transition

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Author : Egor Timurovich Gaĭdar
language : en
Publisher: MIT Press
Release Date : 2003

The Economics Of Transition written by Egor Timurovich Gaĭdar and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.

This collection of essays discuss the economic policy problems that confront postcommunist countries. Most chapters focus on liberalization of the exchange rate and trade system, macroeconomic stabilization, and institutional reform.

Recovery And Growth In Transition Economies 1990 97

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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1998-09-01

Recovery And Growth In Transition Economies 1990 97 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-09-01 with Business & Economics categories.

This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.

Fiscal Decentralization And Intergovernmental Relations In Transition Economies

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Author : Richard Miller Bird
language : en
Publisher: World Bank Publications
Release Date : 1993

Fiscal Decentralization And Intergovernmental Relations In Transition Economies written by Richard Miller Bird and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Decentralization in government categories.

Designing a well-functioning intergovernmenal fiscal system is essential to the success of all the transitional economies' major reform goals: privatization, macroeconomic stability, more efficient performance and economic growth, and an adequate social safety net.

Rapid Growth In Transition Economies

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Author : Garbis Iradian
language : en
Publisher:
Release Date : 2007

Rapid Growth In Transition Economies written by Garbis Iradian and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Balance of payments categories.

This paper analytically explores and empirically tests a number of hypotheses to explain the rapid growth in transition economies. The paper finds that growth in the Commonwealth of Independent States (CIS) has been higher because of the recovery of lost output, progress in macroeconomic stabilization and market reforms, and favorable external conditions. Some of these factors are unlikely to continue for a very long time. The challenge is to improve the investment climate in the non-primary sectors, which will require broadening the scope of macroeconomic reform into a second generation of reforms encompassing structural and institutional areas

Inflation And Stabilization In Transition Economies

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Author : Ratna Sahay
language : en
Publisher:
Release Date : 1995

Inflation And Stabilization In Transition Economies written by Ratna Sahay and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.