Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451971044
Category : Business & Economics
Languages : en
Pages : 26
Book Description
The paper examines how the evolution from a classical centrally planned economy to a more market-oriented system will enhance the linkage between the exchange rate and the domestic price level. However, during the transition--as the economy continues to be predominantly state-owned, the inherited production structure is only gradually modified, capital and labor mobility are still relatively low and financial discipline is less-than-complete--the elasticity of the domestic price level with respect to a change in the exchange rate, or, to a change in world market prices, may still be lower than in an otherwise comparable market economy.
Exchange Rate and the Price Level in Socialist Economies
The Exchange Rate and the Price Level in Socialist Economies
Author: Thomas A. Wolf
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Book Description
The paper examines how the evolution from a classical centrally planned economy to a more market-oriented system will enhance the linkage between the exchange rate and the domestic price level. However, during the transition--as the economy continues to be predominantly state-owned, the inherited production structure is only gradually modified, capital and labor mobility are still relatively low and financial discipline is less-than-complete--the elasticity of the domestic price level with respect to a change in the exchange rate, or, to a change in world market prices, may still be lower than in an otherwise comparable market economy.
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Book Description
The paper examines how the evolution from a classical centrally planned economy to a more market-oriented system will enhance the linkage between the exchange rate and the domestic price level. However, during the transition--as the economy continues to be predominantly state-owned, the inherited production structure is only gradually modified, capital and labor mobility are still relatively low and financial discipline is less-than-complete--the elasticity of the domestic price level with respect to a change in the exchange rate, or, to a change in world market prices, may still be lower than in an otherwise comparable market economy.
Exchange Rate Policies in Developing and Post-socialist Countries
Author: Emil Maria Claassen
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 472
Book Description
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 472
Book Description
The Exchange Rate and the Price Level in Socialists Economies
Author: T. A. Wolf
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Macroeconomic Adujustment, Stabilization, and Growth in Reforming Socialist Economies Analytical and Policy Issues
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 46
Book Description
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 46
Book Description
Managing Inflation in Socialist Economies in Transition
Author: Tamás Bauer
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 290
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 290
Book Description
Macroeconomic Adjustment, Stabilization, and Growth in Reforming Socialist Economies
Author: Andrés Solimano
Publisher: World Bank Publications
ISBN:
Category : Communist countries
Languages : en
Pages : 52
Book Description
This paper develops simple models, reviews empirical evidence, and discusses policy issues relevant for socialist economies undergoing a process of economic reform.
Publisher: World Bank Publications
ISBN:
Category : Communist countries
Languages : en
Pages : 52
Book Description
This paper develops simple models, reviews empirical evidence, and discusses policy issues relevant for socialist economies undergoing a process of economic reform.
Price-wage Dynamics and the Transmission of Inflation in Socialist Economies
Author: Simon Commander
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 50
Book Description
Nominal anchors - particularly wage restraints - are important in stabilization programs in reforming socialist economies. Without conventional equilibrating mechanisms and effective market restraints on wages, monopolistic pricing can result in powerful inflationary pressures and higher-than-warranted output costs.
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 50
Book Description
Nominal anchors - particularly wage restraints - are important in stabilization programs in reforming socialist economies. Without conventional equilibrating mechanisms and effective market restraints on wages, monopolistic pricing can result in powerful inflationary pressures and higher-than-warranted output costs.
Socialist Price Theory and Price Policy
Author: Béla Csikós Nagy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 382
Book Description
Monograph on the socialist economic theory of prices and price policy - gives an account of the problems of socialist pricing in the context of its practical application as evolved in the European socialist countries, etc. References and statistical tables.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 382
Book Description
Monograph on the socialist economic theory of prices and price policy - gives an account of the problems of socialist pricing in the context of its practical application as evolved in the European socialist countries, etc. References and statistical tables.
Economics of Socialism
Author: Henry Douglas Dickinson
Publisher: London : Oxford University Press
ISBN:
Category : Political Science
Languages : en
Pages : 286
Book Description
Publisher: London : Oxford University Press
ISBN:
Category : Political Science
Languages : en
Pages : 286
Book Description