Restructuring and Capital Accumulation in Transition Economies PDF Download
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Author: Micael Castanheira
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 40
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Book Description
Author: Micael Castanheira
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 40
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Book Description
Author: Roy L. Crum
Publisher: World Bank Publications
ISBN: 9780821336588
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
A wide gap still exists between Western concepts and their application in the ex-socialist countries during transition. Most Western models in financial management make assumptions about the efficiency and stability of markets and the signals that can be obtained and also assume that traditional accounting information is available and can be used for management purposes. A new paradigm is needed to manage the finance function in a transition economy experiencing hyperinflation since stamdard assumptions are not valid in most ex-socialist countries. This book describes the adaptations of financial techniques as it reviews standard financial concepts and tools, adjusts them when necessary to the unique conditions in the ex-socialist enterprises, and then presents the restructuring context and some strategies that are based on the application of these tools.
Author: Alice Hoffenberg Amsden
Publisher: Harvard University Press
ISBN: 9780674549838
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
With close attention to the history and institutional realities of the region, The Market Meets Its Match explains the failure of the simplistic market medicine administered in the first five years of transition. Merely "getting the prices right"--Lowering wages and raising interest rates and energy prices - won't improve competitiveness, the authors argue, as long as nonlabor costs such as the quality of goods, product design, outmoded technology, and inefficient distribution channels remain problems. Easing these bottlenecks requires long-term capital accumulation and profit maximization. The institutions necessary for such growth have not developed under Eastern Europe's new "pseudo-capitalism," as the authors demonstrate, and "pseudo-privatization," while distributing state property to citizens, has not provided them with the capital and technology they need to succeed.
Author: Geert Reuten
Publisher: Historical Materialism
ISBN: 9781642593730
Category : Business & Economics
Languages : en
Pages : 727
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Book Description
Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.
Author: Salvatore Zecchini
Publisher: Springer Science & Business Media
ISBN: 940115368X
Category : Business & Economics
Languages : en
Pages : 598
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Book Description
An attentive reader embarking on this book might wonder what "the" economic transition to which the title refers might be. In this century almost all countries have gone through periods of economic transition; but which period of economic history can claim to embody the notion or to represent the era of "the" transition? Definitely, no country or group of countries has experienced anything comparable to the economic upheavals that the fall of communism has brought about in a large portion of the world in just three years (1989 to 1991). No other "transition" to date has prompted more interest and more studies among economists, academics and policy-makers than has the transformation of centrally planned economies into market-based systems. It is this transformation that has come to define "the" transition. Early in the transformation process (in November 1990), with the support of the Centre for Co-operation with the Economies in Transition (CCET), I launched a conference to examine the challenges faced by these countries. About six years have gone by and a new economic landscape has emerged in that part of the world. The difficulties in transforming these economies have exceeded all expectations, and economic performances have varied considerably across countries. The time has come, therefore, to make a first evaluation of progress and problems, with a view to extracting useful policy lessons to guide policy-makers in successfully completing the transition in the near future.
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
Author: Rubens Sawaya
Publisher: BRILL
ISBN: 9004366466
Category : Social Science
Languages : en
Pages : 235
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Book Description
Reflecting on the processes of accumulation, concentration and centralisation of capital, this volume explains the transnationalisation of capital and its impact on Latin America and Brazil.
Author: Shi Li
Publisher: Cambridge University Press
ISBN: 1107002915
Category : Business & Economics
Languages : en
Pages : 531
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Book Description
This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).
Author: Terry L. Roe
Publisher: Springer Science & Business Media
ISBN: 0387773584
Category : Business & Economics
Languages : en
Pages : 333
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Book Description
The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
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Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
