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Author: Brian Pinto
Publisher: World Bank Publications
ISBN:
Category : Microeconomia
Languages : en
Pages : 50
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Book Description
Author: Brian Pinto
Publisher: World Bank Publications
ISBN:
Category : Microeconomia
Languages : en
Pages : 50
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Book Description
Author: Roman Frydman
Publisher: Central European University Press
ISBN: 9633864917
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Author: Louis H. Zanardi
Publisher: DIANE Publishing
ISBN: 0788141120
Category :
Languages : en
Pages : 85
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Book Description
The objectives in examining U.S. and other donor assistance in Poland were to: assess the status and progress of the country's economic restructuring in the key areas of macroeconomic stabilization, foreign trade and investment, privatization, and banking; describe impediments to these restructuring efforts; discuss the role donors have played in the transformation process; and identify lessons learned that could be useful to other transition countries. The lessons learned from Poland merit consideration by Russia, Ukraine and others.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Economic assistance, American
Languages : en
Pages : 88
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Book Description
Author: Frances Perkins
Publisher: Research School of Pacific Studies Australian National Univ
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
Number 95/1 in the Economics Division Working Papers Development Issues. This paper establishes a link between macroeconomic performance indicators and the reform of state-owned enterprises in formerly centrally planned economies. Consideration is given to the formerly centrally planned economies in Europe and China. Includes a glossary, bibliography and a list of recent publications by the Economics Division, Research School of Pacific and Asian Studies, the Australian National University. Frances Perkins is director of the East Asia Analytical Unit, Department of Foreign Affairs and Trade. Martin Raiser is with the Kiel Institute of World Economics at Kiel University.
Author: Ms.Inci Ötker
Publisher: International Monetary Fund
ISBN: 9781557754110
Category : Business & Economics
Languages : en
Pages : 132
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Book Description
Poland's economy rebounded dramatically in 1992-93, several years after the nation embarded on a comprehensive program of economic transformation. This paper describes Polan's steps in the areas of public finance, monetary policy and financial sector reform, trade and exchange rate policy, and microeconomic liberalization, as well as the social impact of transition.
Author: Paul G. Hare
Publisher: Psychology Press
ISBN: 9780415124348
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
This collection of articles examines the development of one of the most significant economic transformations ever undertaken covering a wide range of countries and economic sectors
Author: Brian Pinto
Publisher: World Bank Publications
ISBN:
Category : Corporate governance
Languages : en
Pages : 42
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Book Description
Survey results in Poland indicate that hard budgets and import competition can spur state firms to adjust even when privatization lags behind. But why did state enterprise managers instigate such adjustment?
Author: Brian Pinto
Publisher: World Bank Publications
ISBN:
Category : Business enterprises
Languages : en
Pages : 49
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Book Description
Author: Mr.Ke-young Chu
Publisher: International Monetary Fund
ISBN: 1451961065
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This paper discusses the role of government expenditure policies in the decline in aggregate output in European transition economies. It is argued that there is little evidence for the hypothesis that more expansionary expenditure policies would have helped to mitigate the output decline. While measurement problems allow for very preliminary conclusions, it appears that government expenditures were, generally, not a binding constraint for output. In those cases where it could be argued that government expenditures were a binding constraint, they were usually not the only one. Government expenditure levels still remain on the high side, at least when compared with European market-based economies, and there exists few reasons for pursuing expansionary expenditure policies to lift European transition economies out of the “transitional recession.” While raising expenditure levels per se is an unappealing policy choice, a further reordering of expenditure priorities is desirable. In particular, increases in the share of government expenditures on capital--human and physical--are needed to improve long-run output potential.
