Rapid Growth In Transition Economies
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Rapid Growth In Transition Economies
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Author : Garbis Iradian
language : en
Publisher: International Monetary Fund
Release Date : 2007-07
Rapid Growth In Transition Economies written by Garbis Iradian 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 2007-07 with Business & Economics categories.
This paper uses the growth-accounting approach to determine the sources of growth in transition economies. The central conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly higher than other fast growing economies. A key question for prospective growth is whether the TFP gains achieved thus far have already eliminated most of the inefficiencies of central planning-and will therefore soon fade away. Underutilized labor combined with the recent trend of faster capital accumulation may play a more important role in the medium-term growth.
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
Achieving Rapid Growth In The Transition Economies Of Central Europe
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Author : Jeffrey Sachs
language : en
Publisher: Center for Social & Economic Research
Release Date : 1996
Achieving Rapid Growth In The Transition Economies Of Central Europe written by Jeffrey Sachs and has been published by Center for Social & Economic Research this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Economic development categories.
Discusses the sources of rapid growth in the very fast growing economies in Asia, and the ways in which Central Europe could emulate keys aspects of their economic policies in order to raise their growth rates.
Institutions Transition Economies And Economic Development
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Author : Tim Yeager
language : en
Publisher: Routledge
Release Date : 2018-02-07
Institutions Transition Economies And Economic Development written by Tim Yeager and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-07 with Political Science categories.
Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
Achieving Rapid Growth In The Transition Economies Of Central Europe
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Author : Jeffrey D. Sachs
language : en
Publisher:
Release Date : 2009
Achieving Rapid Growth In The Transition Economies Of Central Europe written by Jeffrey D. Sachs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
This paper describes ways that the CEEs can speed their convergence with the EU by emulating the growth strategies of the very fast growing economies. In Section II, we introduce the VFGEs, and discuss some of the sources of their superior growth performance. In Section III, we demonstrate the role of key policy variables in the context of cross-country growth equations. In Section IV, we examine how the CEEs can emulate key aspects of the economic policies of the VFGEs, in order to raise their growth in the coming years.
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.
Institutions Transition Economies And Economic Development
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Author : Timothy J. Yeager
language : en
Publisher:
Release Date : 1999
Institutions Transition Economies And Economic Development written by Timothy J. Yeager and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager’s Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
The Development Of Services In Transition Economies
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Author : Carolin Wobben
language : en
Publisher: GRIN Verlag
Release Date : 2004-01-13
The Development Of Services In Transition Economies written by Carolin Wobben and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-13 with Business & Economics categories.
Seminar paper from the year 2003 in the subject Business economics - General, grade: NN, Hamburg University of Ecomomy and Policy (-), course: Human Development, language: English, abstract: It is by now more than a decade ago that the formally centrally planned economies in Central and Eastern Europe have started to transform into market economies when the collapse of the Soviet system was confirmed in 1989. In fact, they constitute a unique historical example with a large set of economies undergoing this extremely drastic systemic change within a very short period of time. The adoption of a new model based on free market economy supports the rebuilding of one Europe which will benefit from high economic and social growth potential as well as political stability and security. One essential characteristic of a free market economy is a high proportion of services. Realizing this quality in the transition economies signifies a great challenge as their service sector was extremely underdeveloped in the planned economies. In this paper, the development of the service sector in the transition economies of Central and Eastern Europe are depicted on the background of the economic characteristics of their socialist past. In this portrayal, both domestic growth and international trade of services will be accounted for. Finally, it will be discussed in which way the service sector represents a strong impetus in the fight against unemployment and hence contributes to a sustainable development in the future.
Economies In Transition
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Author : Allan E. Young
language : en
Publisher: World Scientific
Release Date : 2002
Economies In Transition written by Allan E. Young and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
To date, the record of economic transition has decidedly been mixed. The worldwide political climate is still in favor of economic reform and the process continues to have considerable momentum. On the other hand, this process now faces a number of formidable obstacles. There appears to be general agreement that in many countries the promise of a better standard of living which economic transition offers to the mass of the citizenry has failed to produce the rapid and dramatic results hoped for. There is an increasing conflict of interest between multinational firms and the national business community. Moreover, many transition economies have experienced a slowing of economic growth in real terms and social services have been severely cut.This book deals with the development of those forces that have played a major role in the successes and failures of economic transition. Its distinctive feature is that it does this from the perspective of economic, political and social analysis, taking into account both theoretical constructs and economic realities for those countries which have attempted the grand experiment with economic transition.
Small Firms And Economic Development In Developed And Transition Economies
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Author : David A. Kirby
language : en
Publisher: Routledge
Release Date : 2017-11-22
Small Firms And Economic Development In Developed And Transition Economies written by David A. Kirby and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-22 with Business & Economics categories.
This title was first published in 2003. Since the late 1970s there has been considerable interest in the role of small firms in economic development in general and employment generation in particular. Throughout the developed world, governments have introduced a range of measures to encourage small firm growth and development in an attempt to stimulate economic growth, generate employment and foster innovation. Though not all measures have been successful many policies have transferred to the transition economies of Central and Eastern Europe where, since 1989, small firm growth and development has achieved considerable importance in economic restructuring. Accordingly, this volume presents the leading research on the role of small firms in economic development and employment generation in both transition and developed countries. Setting itself in a wider theoretical context, the book also considers the implications for both policy and theory and suggests directions for future research.