Challenges of the Post-communist Financial-currency Policy

Challenges of the Post-communist Financial-currency Policy PDF Author: Avtandil Silagadse
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
This book presents a review of the problems of transformation as well as the results of implementation of the financial-currency policy in the post-communist countries. It contains characteristics of alternative circumstances of implementation of the financial policy and the conclusions on their possible transformation. It gives the review of the impediments existing in the exchange rate regulations of different countries and the results obtained in the course of nearest experience are also illuminated. The work is targeting at reviewing the subtleties of the transformational development projected to the foreign currency risks. Paramount importance is attributed to those exchange rate regimes, which have become a major catalyst of economic development in a number of countries. The study is intend to define: a) Likelihood of a rise of currency policy challenges now at the base of experience of the financial crisis of 90,s in the post communist countries and b) Exchange regime options that are rationale for the countries.

Challenges of the Post-communist Financial-currency Policy

Challenges of the Post-communist Financial-currency Policy PDF Author: Avtandil Silagadse
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96

Get Book Here

Book Description
This book presents a review of the problems of transformation as well as the results of implementation of the financial-currency policy in the post-communist countries. It contains characteristics of alternative circumstances of implementation of the financial policy and the conclusions on their possible transformation. It gives the review of the impediments existing in the exchange rate regulations of different countries and the results obtained in the course of nearest experience are also illuminated. The work is targeting at reviewing the subtleties of the transformational development projected to the foreign currency risks. Paramount importance is attributed to those exchange rate regimes, which have become a major catalyst of economic development in a number of countries. The study is intend to define: a) Likelihood of a rise of currency policy challenges now at the base of experience of the financial crisis of 90,s in the post communist countries and b) Exchange regime options that are rationale for the countries.

Financial Globalization and Post-communist Georgia

Financial Globalization and Post-communist Georgia PDF Author: Vladimir Georgievich Papava
Publisher: iUniverse
ISBN: 059530043X
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
In most cases the problems caused by financial globalization are identical in various countries, which is why it is especially important to develop some standard solutions. Nevertheless, it is also doubtless that economic "recipes" for "small" and "big" countries can be different and it would be a mistake to apply only a uniform approach to all of them. The book evaluates an international financial system development potential in the context of "corporate crises" started in the USA and a probable impact on international financial markets and business activities. With the introduction of the Euro, a "new three-pole world currency system" was established. In this connection, two quite sensational forecasts made during the last two years regarding the collapse of the US Dollar are analyzed. These forecasts make a pretty "gloomy picture" of the future of both the US Dollar and the international monetary system. The book draw reader's attention to global exchange rate instability and its implications for Georgia. It is demonstrated that as a small economy, Georgia cannot have any substantial influence on global economic developments; however, if it succeeds to pursue more-or-less reasonable economic policy, it may generate some positive results, or at least minimize negative ones.

Transition and Growth in Post-communist Countries

Transition and Growth in Post-communist Countries PDF Author: Lucjan T. Orlowski
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
In October 1999, economists, World Bank and IMF officials, international bankers, and other architects of post-Communist economic policies gathered in Warsaw to congratulate themselves on the success of the economic plans they engineered a decade before. Consisting of papers and discussions from that conference, this book integrates theoretical and empirical analyses of the economic transition in Central and Eastern Europe. It considers factors like economic growth, stabilization, and the reformation of social safety nets. c. Book News Inc.

Priests of Prosperity

Priests of Prosperity PDF Author: Juliet Johnson
Publisher: Cornell University Press
ISBN: 1501703757
Category : Political Science
Languages : en
Pages : 311

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Book Description
Priests of Prosperity explores the unsung revolutionary campaign to transform postcommunist central banks from command-economy cash cows into Western-style monetary guardians. Juliet Johnson conducted more than 160 interviews in seventeen countries with central bankers, international assistance providers, policymakers, and private-sector finance professionals over the course of fifteen years. She argues that a powerful transnational central banking community concentrated in Western Europe and North America integrated postcommunist central bankers into its network, shaped their ideas about the role of central banks, and helped them develop modern tools of central banking. Johnson's detailed comparative studies of central bank development in Hungary, the Czech Republic, Slovakia, Russia, and Kyrgyzstan take readers from the birth of the campaign in the late 1980s to the challenges faced by central bankers after the global financial crisis. As the comfortable certainties of the past collapse around them, today’s central bankers in the postcommunist world and beyond find themselves torn between allegiance to their transnational community and its principles on the one hand and their increasingly complex and politicized national roles on the other. Priests of Prosperity will appeal to a diverse audience of scholars in political science, finance, economics, geography, and sociology as well as to central bankers and other policymakers interested in the future of international finance, global governance, and economic development.

Global Trends 2040

Global Trends 2040 PDF Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158

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Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

How China Became Capitalist

How China Became Capitalist PDF Author: R. Coase
Publisher: Springer
ISBN: 1137019379
Category : Business & Economics
Languages : en
Pages : 268

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Book Description
How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Post-Communist Mafia State

Post-Communist Mafia State PDF Author: B lint Magyar
Publisher: Central European University Press
ISBN: 6155513546
Category : Political Science
Languages : en
Pages : 337

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Book Description
Having won a two-third majority in Parliament at the 2010 elections, the Hungarian political party Fidesz removed many of the institutional obstacles of exerting power. Just like the party, the state itself was placed under the control of a single individual, who since then has applied the techniques used within his party to enforce submission and obedience onto society as a whole. In a new approach the author characterizes the system as the ?organized over-world?, the ?state employing mafia methods? and the ?adopted political family', applying these categories not as metaphors but elements of a coherent conceptual framework. The actions of the post-communist mafia state model are closely aligned with the interests of power and wealth concentrated in the hands of a small group of insiders. While the traditional mafia channeled wealth and economic players into its spheres of influence by means of direct coercion, the mafia state does the same by means of parliamentary legislation, legal prosecution, tax authority, police forces and secret service. The innovative conceptual framework of the book is important and timely not only for Hungary, but also for other post-communist countries subjected to autocratic rules. ÿ

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

Income, Inequality, and Poverty During the Transition from Planned to Market Economy PDF Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN: 9780821339947
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

Georgia

Georgia PDF Author: Stephen F. Jones
Publisher: University of Toronto Press
ISBN: 1487507852
Category : History
Languages : en
Pages : 290

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Book Description
This multidisciplinary collection provides a unique insiders' perspective on the major issues in Georgian politics, society, and economics in the twenty-five years since its independence from the Soviet Union.

New Markets, New Opportunities?

New Markets, New Opportunities? PDF Author: Nancy Birdsall
Publisher: Brookings Institution Press
ISBN: 9780815723585
Category : Social Science
Languages : en
Pages : 348

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Book Description
A Brookings Institution Press and Carnegie Endowment for International Peace publication Many of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality — a widening gap between the haves and have nots. But to what extent is the increase in inequality also increasing the opportunities for economic advancement — particularly for those at the bottom of the economic ladder? Does the creation of greater opportunities make a region's move to the market politically acceptable? And, if opportunities don't increase along with inequality, will it eventually cause a political backlash against a country's market policies? This book highlights the importance of finding the answers to those questions by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle. It provides a summary of the latest research on the economics and politics of social mobility in both developed and emerging market economies, including the conceptual issues involved and the challenges of accurately documenting trends. The book concludes with a discussion of the economics of opportunity and mobility in Latin America and Eastern Europe, and the politics and perceptions of mobility in the two regions.