The Strategy of Reform in the Previously Centrally-Planned Economies of Eastern Europe PDF Download
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Author: Mr.Eduardo Borensztein
Publisher: International Monetary Fund
ISBN: 1451971877
Category : Business & Economics
Languages : en
Pages : 25
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Book Description
This paper analyzes some of the lessons that can be drawn from the experience of Eastern Europe in the process of transition to a market economy that is under way, and examines some key challenges currently facing policymakers in these economies. The paper studies the constraints affecting the general strategy of reform--rapid versus gradual--that was adopted, and the output decline initially experienced and its effect on medium-term growth perspectives. The paper also discusses the implementation of mass privatization schemes, and the type and extent of government intervention in the restructuring process. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.
Author: Mr.Eduardo Borensztein
Publisher: International Monetary Fund
ISBN: 1451971877
Category : Business & Economics
Languages : en
Pages : 25
Get Book Here
Book Description
This paper analyzes some of the lessons that can be drawn from the experience of Eastern Europe in the process of transition to a market economy that is under way, and examines some key challenges currently facing policymakers in these economies. The paper studies the constraints affecting the general strategy of reform--rapid versus gradual--that was adopted, and the output decline initially experienced and its effect on medium-term growth perspectives. The paper also discusses the implementation of mass privatization schemes, and the type and extent of government intervention in the restructuring process. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.
Author: Eduardo Borensztein
Publisher:
ISBN:
Category :
Languages : en
Pages : 20
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Book Description
Author: Eduardo R. Borensztein
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
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: János Mátyás Kovács
Publisher: Routledge
ISBN: 1134920253
Category : Business & Economics
Languages : en
Pages : 660
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Book Description
Can the economics of Eastern Europe make the dramatic transition from centrally-planned to market-led economics? This book tries to understand the intellectual background behind this change and the problems of managing it.
Author: Hubert Gabrisch
Publisher: Routledge
ISBN: 0429713525
Category : Political Science
Languages : en
Pages : 193
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Book Description
The author discusses the traditional system of management of the economy as it existed in the early 1950s in the USSR and goes on to deal with the reforms of the 1960s and of the 1980s, country by country. He shows that the focus of the reforms is on finding a proper combination of planning and the market mechanism, and their success will be judged
Author: David Kennett
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 394
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Book Description
Designed as a reader for courses in comparative economics, East European economics and politics, and international relations and business; includes 37 recent and "classic" articles in 10 parts. Includes bibliographical references. Part I. The failure of central planning -- Part II. The lure of the market -- Part III. The legal system -- Part IV. The financial system -- Part V. Market failure -- Part VI. The macroeconomy -- Part VII. Privatization -- Part VIII. International economic issues -- Part IX. The politics of economic reform -- Part X. The strategy of reform.
Author: Judy Batt
Publisher: Springer
ISBN: 1349096296
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
Economic reform - the introduction of elements of the market into a planned economy - has been the central political problem for socialist states for at least three decades. This book seeks to elucidate the nature of the problem through a reconsideration of the general theoretical issues, and through a comparative analysis of the practice of economic reform in two countries - Czechoslovakia and Hungary.
Author: Herbert Giersch
Publisher: Springer Science & Business Media
ISBN: 3642765726
Category : Business & Economics
Languages : en
Pages : 173
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Book Description
In 1990, the countries of Central and Eastern Europe began or accelerated their transition to a market economy. This book addresses among others the following questions: (I) What are the fundamental causes of the collapse of the Soviet-type economic systems? (II) What major steps could be taken to make the transition process to a market economy irreversible and less painful? (III) What can be learned from West Germany's outstandingly successful postwar economic reforms? (IV) Is the issue of gradualism versus shock therapy still relevant? (V) If macroeconomic stability is a precondition, what is the role of privatization, deregulation and trade liberalization? (VI) What is the optimal sequence of steps in privatization, deregulation, liberalization and currency convertibility? (VII) How quickly may privatization be achieved? (VIII) Is the USSR really a special case and, if so, in what respects and for what fundamental reasons? (IX) How long in the transition period may the initial phase of disorder, chaos and decline last? (X) What can be learned from the experiences gathered so far in the major ex-communist countries?
Author: Stanislaw Gomulka
Publisher:
ISBN:
Category : Europe, Central
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.
