Models Of Disequilibrium And Shortage In Centrally Planned Economies
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Models Of Disequilibrium And Shortage In Centrally Planned Economies
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Author : C.M. Davis
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Models Of Disequilibrium And Shortage In Centrally Planned Economies written by C.M. Davis 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.
The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.
The Second Economy In Disequilibrium And Shortage Models Of Centrally Planned Economies
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Author : Christopher Davis
language : en
Publisher:
Release Date : 1988
The Second Economy In Disequilibrium And Shortage Models Of Centrally Planned Economies written by Christopher Davis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Central planning categories.
The End Of The Cold War
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Author : David Armstrong
language : en
Publisher: Routledge
Release Date : 2013-11-05
The End Of The Cold War written by David Armstrong and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-05 with History categories.
Giving an overview of the origins and history of the Cold War, this work considers whether the Cold War is truly over, and what the effects have been on Europe, and the former Soviet Union, as well as US foreign policy.
The Chinese Economy Under Transition
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Author : Sarah Cook
language : en
Publisher: Springer
Release Date : 2000-01-28
The Chinese Economy Under Transition written by Sarah Cook and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-28 with Business & Economics categories.
This wide-ranging collection addresses many important issues in China's economy under transition, from grain production to trade, to the development of township enterprises, the restructuring of state-owned enterprises, the emergence of big business, money demand and consumption behaviour. Together, the studies provide insightful analysis and discussion of economic policies, illuminating the institutional context within which reform strategies are negotiated and implemented in different economic sectors.
The Collected Essays Of Richard E Quandt
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Author : Richard E. Quandt
language : en
Publisher: Edward Elgar Publishing
Release Date : 1992-01-01
The Collected Essays Of Richard E Quandt written by Richard E. Quandt and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-01-01 with Business & Economics categories.
Professor Richard Quandt has made a major contribution to the development of economics in the 20th century. The range and significance of his work has long required a collection of his essays which will allow his contribution to be assessed as a whole. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. As well as outlining his many articles in microtheory, general econometrics, disequilibrium modeling, financial economics and the economics of planned economies, this collection should have a particular value for all scholars interested in the emergence of the new economies in Eastern Europe, a subject to which Professor Quandt has applied himself in recent years. This book includes an introduction by Professor Quandt describing his early life in Budapest and the circumstances which led him to study economics in America.
Forced Savings And Repressed Inflation In The Soviet Union
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Author : Mr.Mario I. Bléjer
language : en
Publisher: International Monetary Fund
Release Date : 1991-06-01
Forced Savings And Repressed Inflation In The Soviet Union written by Mr.Mario I. Bléjer 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 1991-06-01 with Business & Economics categories.
In countries such as the Soviet Union, where wealth is mainly stored in monetary assets, the behavior of the money to income ratio is a poor indicator of the growth of undesired monetary balances (monetary overhang). In those countries a monetary overhang is primarily a wealth overhang, which has to be analyzed by evaluating deviations of actual from desired wealth holdings; this requires an empirical analysis of consumption and saving decisions. In this paper, we present estimates of a consumption function for the Soviet Union, from which an evaluation of the monetary overhang existing at the end of 1990 is derived.
Financial And Monetary Integration In The New Europe
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Author : David G. Dickinson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-02-26
Financial And Monetary Integration In The New Europe written by David G. Dickinson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-02-26 with Business & Economics categories.
Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country data from these regions, Financial and Monetary Integration in the New Europe looks at the key issues for applicant countries as they negotiate the terms of their membership in the European Union. Of major concern to these countries is the financial sector and its implications for economic growth and the conduct of macroeconomic policy. The book examines, in particular, monetary and exchange rate policies, banking regulation and financial market efficiency. The overall impact of building a market driven financial system on economic development is also explored.
The Polish Economic Crisis
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Author : Batara Simatupang
language : en
Publisher: Routledge
Release Date : 1993-11-11
The Polish Economic Crisis written by Batara Simatupang and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-11-11 with Business & Economics categories.
In order to understand the dramatic events of 1989 it is necessary to examine the circumstances leading up to them. The Polish Economic Crisis examines the primary factor. The author analyses how the severe recession of the late 1970s and early 1980s intensified the need for economic reform and resulted in the economic slump of the 1980s. Batara Si
A Guide To Modern Economics
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Author : Michael Bleaney
language : en
Publisher: Routledge
Release Date : 1996-07-04
A Guide To Modern Economics written by Michael Bleaney and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-07-04 with Business & Economics categories.
This work provides a valuable review of the most important developments in economic theory and application over the last decade. Comprising twenty-seven specially commissioned overviews, the volume presents a comprehensive and student-friendly guide to contemporary economics. Previously published by Routledge as part of the Companion to Contemporary Economic Thought, these essays are made available here for the first time in a concise paperback edition. A Guide to Modern Economics will be a valuable guide to all those who wish to familiarize themselves with the most recent developments in the discipline.
Market Liberalization Policies In A Reforming Socialist Economy
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Author : Mr.Timothy D. Lane
language : en
Publisher: International Monetary Fund
Release Date : 1991-12-01
Market Liberalization Policies In A Reforming Socialist Economy written by Mr.Timothy D. Lane 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 1991-12-01 with Business & Economics categories.
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.