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Author: Christopher Stevens
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 168
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Book Description
Gives brief country-by-country analyses of economic reform. Provides also an assessment of the lessons to be drawn by Eastern Europe from the structural adjustment experience of the Third World and of the potential impact on developing countries of the political and economic changes in Eastern Europe.
Author: Christopher Stevens
Publisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 168
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Book Description
Gives brief country-by-country analyses of economic reform. Provides also an assessment of the lessons to be drawn by Eastern Europe from the structural adjustment experience of the Third World and of the potential impact on developing countries of the political and economic changes in Eastern Europe.
Author: Siro Lombardini
Publisher: Springer Science & Business Media
ISBN: 940110994X
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
At the end of 1991, the Fondazione Eni Enrico Mattei hosted the Integration Symposium of the Confederation of European Associations of Economists on "Europe between East and South". This volume brings together the selected and edited proceedings of the conference. The focus of the book is the transformation of the formerly planned economies in Eastern and Central Europe from an international perspective. The opening up of the Eastern bloc adds a new and extremely challenging dimension to the relationship between the more and the less developed economies. Almost all developing countries implemented liberalisation policies throughout the Eighties, thereby dramatically increasing the market orientation of their economies. The "recipes" used in the South are also being applied virtually unmodified, in Eastern Europe. The symposium was one of the first forays comparing the two sets of experiences, showing that the lessons from the South are of great value for Eastern European reforms. Reforms in Eastern European countries equally affect economic flows between Europe and developing countries, and create new challenges for European countries themselves. Eastern Europe is an enclave of cheap and relatively skilled labour, thus a dramatic competitive threat for other developing countries and poorer EC regions. Furthermore, the strategic relevance of this area for the western world is likely to cause a diversion of public resources previously earmarked for the development of southern economies. All these issues could have tremendous consequences for the environment.
Author: United Nations. Economic and Social Council. Committee for Development Planning
Publisher: New York : United Nations
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
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Book Description
Author: Pradeep K. Mitra
Publisher: World Bank Publications
ISBN: 0821381148
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
The transition economies of Central and Eastern Europe and the former Soviet Union, among all emerging- and developing-economy regions, have been hardest hit by the global economic crisis of 2008-09. This is partly due to the region s deep integration into the global economy across many dimensions trade, financial, and labor flows. Attempts by countries that came later to the transition to catch up rapidly to Western European living standards at a time when global liquidity was unusually abundant, together with some policy weaknesses, made them vulnerable to reversals in market sentiment. Written on the eve of the twentieth anniversary of the fall of the Berlin Wall, 'Turmoil at Twenty' analyzes the run-up to the current crisis and addresses a number of key questions related to vulnerability to the recession, expected recovery, and necessary reforms in the region: Did the transition from command to market economies, and the period during which this took place, plant the seeds of vulnerability that made transition countries more prone to crisis than other developing countries? Did the choices made on the road from plan to market shape the ability of crisis-hit countries to recover? What combination of domestic policy reform and international collective action is needed to bring about a recovery and minimize the humanitarian cost of the crisis? What structural reforms are needed today to address the most binding constraints on growth in a world where capital fl ows to transition and developing countries are expected to be considerably lower than before the crisis? 'Turmoil at Twenty' will be of interest to policy makers and their advisers, researchers, and students of economics who seek lessons from the current economic crisis, as well as scholars of the transition.
Author: Stanislaw Gomulka
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
Research papers on economic growth, Innovation and economic reform in the socialist countries of Eastern Europe, partic. Hungary, Poland, the USSR and Yugoslavia - covers issues relating to the impact of the political system on economic development, research and development, industrialization, industrial growth, choice of technology, trade with advanced capitalist countries; etc.; comments on socialist and Western economic theories; includes economic analysis methodology. Graphs, references, statistical tables.
Author: Franklyn D. Holzman
Publisher: Duke University Press
ISBN: 9780822308522
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.
Author: Graham R. Bird
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
This analysis of economic reform in Eastern Europe covers topics such as the economics of conversion, reforming the Soviet economy, reform in Hungary, economic adjustment in Eastern Europe, and Eastern Europe and financial markets.
Author: Anne O. Krueger
Publisher: University of Chicago Press
ISBN: 9780226454481
Category : Business & Economics
Languages : en
Pages : 634
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Book Description
"Anne O. Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century."--Stanley Fischer, International Monetary Fund The papers and commentary collected in this volume discuss vital contemporary thinking on economic policy reform--in particular, the difficulties that leave so much of the world mired in poverty. Distinguished contributors address issues ranging from education and privatization to exchange rates and telecommunications reform, providing an excellent overview of the current situation and the possible paths into the future.
Author: Grzegorz W. Kolodko
Publisher: World Bank Publications
ISBN:
Category : Ajuste estructural
Languages : en
Pages : 34
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Book Description
Author: Grzegorz W. Kolodko
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Transition to a market economy is a lengthy process comprised of various spheres of economic activities. The naive belief that a market economy can be introduced by "shock therapy" is wrong, and in several cases, when attempted, has caused more problems than it has solved. Because a market economy requires adequate institutional structures and an appropriate behavior, transition can be executed only in a gradual manner, since these are very gradual processes based upon new organizations, new laws, and the changing behavior of various economic entities. In 1989, influential financial organizations, political bodies, and professional economists seemed to agree upon main points for economic policy reform. This was termed the Washington consensus. Despite the fact that the economic policy of the Washington consensus was initially developed without any concern for post-socialist transformation, it has happened that these ideas have significantly influenced the path of thought and action in Eastern Europe and the former Soviet Union. Because these policies were not intended for the overhaul of post-socialist countries, however, they have failed. A new, post-Washington consensus is developing, as it should, based on the lessons learned from experience thus far. Some major policy conclusions can be drawn: First, institutional arrangements are the most important factor for progress toward durable growth. Second, policy must recognize that institution building by its nature must be a gradual process. Third, policy makers must acknowledge that the size of the government is less important than the quality of its policy and the manner of the changes of government dimension. Fourth, if institutional arrangement is neglected and left to the spontaneous processes and unleashed forces of liberalized markets, then informal institutionalization fills the systemic vacuum. Fifth, in transition economies' policies must transform and streamline the judiciary system to serve the market economy. Sixth, a shift of competence and power from the central government to local governments is necessary for deregulation of the post-socialist economy. Seventh, there is an urgent necessity to accelerate the development of non-government organizations. Eight, during transition income policy and government concern for equitable growth has great meaning. Ninth, short-term capital liberalization must be monitored and controlled by the countries' fiscal and monetary authorities with the support of international financial institutions. Tenth, the Bretton Woods organizations should reconsider their policies toward transition economies aiming at institutional building and support for equitable growth.
