Author: Simon Commander
Publisher: World Bank Publications
ISBN:
Category : Communist countries
Languages : en
Pages : 50
Book Description
The macroeconomic consequences of adopting different price rules for adjusting controlled prices in systems where controlled and market prices coexist and the implications of varying the proportions of controlled and market prices.
The Macroeconomics of Price Reform in Socialist Countries
Author: Simon Commander
Publisher: World Bank Publications
ISBN:
Category : Communist countries
Languages : en
Pages : 50
Book Description
The macroeconomic consequences of adopting different price rules for adjusting controlled prices in systems where controlled and market prices coexist and the implications of varying the proportions of controlled and market prices.
Publisher: World Bank Publications
ISBN:
Category : Communist countries
Languages : en
Pages : 50
Book Description
The macroeconomic consequences of adopting different price rules for adjusting controlled prices in systems where controlled and market prices coexist and the implications of varying the proportions of controlled and market prices.
How China Escaped Shock Therapy
Author: Isabella M. Weber
Publisher: Routledge
ISBN: 042995395X
Category : Business & Economics
Languages : en
Pages : 271
Book Description
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Publisher: Routledge
ISBN: 042995395X
Category : Business & Economics
Languages : en
Pages : 271
Book Description
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Price Liberalization in a Reforming Socialist Economy
Author: Mr.Domenico Fanizza
Publisher: International Monetary Fund
ISBN: 1451846371
Category : Business & Economics
Languages : en
Pages : 30
Book Description
A bilateral search model of the commodity market is formulated to study the effects of liberalizing prices in a reforming socialist economy. The main result is that if the competitive structure of the economy is not quickly modified to eliminate supply rents, price liberalization may be accompanied by substantial output losses. A role for tax policy in limiting output losses is identified.
Publisher: International Monetary Fund
ISBN: 1451846371
Category : Business & Economics
Languages : en
Pages : 30
Book Description
A bilateral search model of the commodity market is formulated to study the effects of liberalizing prices in a reforming socialist economy. The main result is that if the competitive structure of the economy is not quickly modified to eliminate supply rents, price liberalization may be accompanied by substantial output losses. A role for tax policy in limiting output losses is identified.
Economic Freedom of the World, 1975-1995
Author: James D. Gwartney
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 348
Book Description
Derives an indicator for economic freedom based on personal choice, protection of private property, and freedom of exchange. Considers levels and trends in economic freedom, and their correlation with economic growth in 103 countries.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 348
Book Description
Derives an indicator for economic freedom based on personal choice, protection of private property, and freedom of exchange. Considers levels and trends in economic freedom, and their correlation with economic growth in 103 countries.
China’s 40 Years of Reform and Development: 1978–2018
Author: Ross Garnaut
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709
Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Publisher: ANU Press
ISBN: 176046225X
Category : Business & Economics
Languages : en
Pages : 709
Book Description
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Transition and Economics
Author: Gérard Roland
Publisher: MIT Press
ISBN: 9780262681483
Category : Business & Economics
Languages : en
Pages : 440
Book Description
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
Publisher: MIT Press
ISBN: 9780262681483
Category : Business & Economics
Languages : en
Pages : 440
Book Description
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
The Determination of Wages in Socialist Economies
Author: Simon Commander
Publisher: World Bank Publications
ISBN:
Category : Salarios - Paises socialistas
Languages : en
Pages : 67
Book Description
Wages are commonly assumed to be exogenously determined in socialist economies. But wages in socialist economies have been determined by a combination of institutional and economic factors.
Publisher: World Bank Publications
ISBN:
Category : Salarios - Paises socialistas
Languages : en
Pages : 67
Book Description
Wages are commonly assumed to be exogenously determined in socialist economies. But wages in socialist economies have been determined by a combination of institutional and economic factors.
Price Reform and Durable Goods in the Transition to a Market Economy
Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451972911
Category : Business & Economics
Languages : en
Pages : 36
Book Description
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.
Publisher: International Monetary Fund
ISBN: 1451972911
Category : Business & Economics
Languages : en
Pages : 36
Book Description
The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.
Price Liberalization in a Reforming Socialist Economy
Author: Domenico Fanizza
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 38
Book Description
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 38
Book Description
The World Bank Research Observer
Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300
Book Description
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300
Book Description