Price Reform and Durable Goods in the Transition to a Market Economy

Price Reform and Durable Goods in the Transition to a Market Economy PDF Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451972911
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.

Price Reform and Durable Goods in the Transition to a Market Economy

Price Reform and Durable Goods in the Transition to a Market Economy PDF Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451972911
Category : Business & Economics
Languages : en
Pages : 36

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Book Description
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.

Price Reform and Durable Goods in the Transition to a Market Economy

Price Reform and Durable Goods in the Transition to a Market Economy PDF Author: Pierre-Richard Agenor
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Book Description
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.

Price reform and durable goods in the transition to a market economy

Price reform and durable goods in the transition to a market economy PDF Author: Fondo Monetario Internacional
Publisher:
ISBN:
Category :
Languages : es
Pages : 21

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Book Description


Price Reform and Pricing in the Transition to Market Economy, August 1994

Price Reform and Pricing in the Transition to Market Economy, August 1994 PDF Author: Vesselin Passev
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


The Romanian Economic Reform Program

The Romanian Economic Reform Program PDF Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 9781557751904
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.

Economic Transition and Labor Market Reform in China

Economic Transition and Labor Market Reform in China PDF Author: Xinxin Ma
Publisher: Springer
ISBN: 9811319871
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.

Subsidy Reform in the Middle East and North Africa

Subsidy Reform in the Middle East and North Africa PDF Author: Mr.Carlo A. Sdralevich
Publisher: International Monetary Fund
ISBN: 1498348467
Category : Business & Economics
Languages : en
Pages : 130

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Book Description
In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.

Economic Management and Transition Towards a Market Economy

Economic Management and Transition Towards a Market Economy PDF Author: Anthony T.H. Chin
Publisher: World Scientific
ISBN: 9789810228903
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore.The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues.This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.

Energy Subsidy Reform

Energy Subsidy Reform PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1484339169
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Research Activities of the IMF, January 1991-December 1998

Research Activities of the IMF, January 1991-December 1998 PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557758606
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
A selective index of major research papers prepared by IMF staff in 1991-98.