Exchange Rate and the Price Level in Socialist Economies PDF Download
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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451971044
Category : Business & Economics
Languages : en
Pages : 26
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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.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451971044
Category : Business & Economics
Languages : en
Pages : 26
Get Book Here
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.
Author: Thomas A. Wolf
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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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.
Author: Emil Maria Claassen
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 472
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Book Description
Author: T. A. Wolf
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author:
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 46
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Book Description
Author: Stanley Fischer
Publisher: World Bank Publications
ISBN:
Category : Economia de mercado - Paises socialistas
Languages : en
Pages : 50
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Book Description
Author: Tamás Bauer
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
Author: Burnham Putnam Beckwith
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 464
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Book Description
The purpose of this book is to draw a blueprint for a socialist economic order, and a blueprint detailed with respect to the planning of production, the avoidance of unemployment, the locus of control, the distribution of income, and the fixing of prices. In addition to stating the theoretical considerations relevant to the performance of these tasks, the author is concerned to indicate the application of the theory to selected, illustrative industries, while trying to preserve individual freedom.
Author: Henry Douglas Dickinson
Publisher: London : Oxford University Press
ISBN:
Category : Political Science
Languages : en
Pages : 286
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Book Description
Author: Jozef Wilczynski
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
