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Author: Mr.Pierre Dhonte
Publisher: International Monetary Fund
ISBN: 1451842740
Category : Business & Economics
Languages : en
Pages : 17
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Book Description
This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment—which is essential for sustained growth in a market economy—can be established through a rules–based system which ensures freedom of entry into the market, access to information, and sanctity of contracts. Since creating a secure economic environment involves profound, far–reaching social change, it has historically been a complex and lengthy process in most societies. However, basing policy prescriptions on this benchmark helps avoid possible conflicts between different social and moral values.
Author: Mr.Pierre Dhonte
Publisher: International Monetary Fund
ISBN: 1451842740
Category : Business & Economics
Languages : en
Pages : 17
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Book Description
This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment—which is essential for sustained growth in a market economy—can be established through a rules–based system which ensures freedom of entry into the market, access to information, and sanctity of contracts. Since creating a secure economic environment involves profound, far–reaching social change, it has historically been a complex and lengthy process in most societies. However, basing policy prescriptions on this benchmark helps avoid possible conflicts between different social and moral values.
Author: Anthony T H Chin
Publisher: World Scientific Publishing Company
ISBN: 9813103183
Category : Business & Economics
Languages : en
Pages : 688
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Book Description
Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore. The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues. This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.
Author: Herbert Giersch
Publisher: Springer Science & Business Media
ISBN: 3642765726
Category : Business & Economics
Languages : en
Pages : 173
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Book Description
In 1990, the countries of Central and Eastern Europe began or accelerated their transition to a market economy. This book addresses among others the following questions: (I) What are the fundamental causes of the collapse of the Soviet-type economic systems? (II) What major steps could be taken to make the transition process to a market economy irreversible and less painful? (III) What can be learned from West Germany's outstandingly successful postwar economic reforms? (IV) Is the issue of gradualism versus shock therapy still relevant? (V) If macroeconomic stability is a precondition, what is the role of privatization, deregulation and trade liberalization? (VI) What is the optimal sequence of steps in privatization, deregulation, liberalization and currency convertibility? (VII) How quickly may privatization be achieved? (VIII) Is the USSR really a special case and, if so, in what respects and for what fundamental reasons? (IX) How long in the transition period may the initial phase of disorder, chaos and decline last? (X) What can be learned from the experiences gathered so far in the major ex-communist countries?
Author: Stuart Holland
Publisher: New York : St. Martin's Press
ISBN:
Category : Capitalism
Languages : en
Pages : 390
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Book Description
Author: John Odling-Smee
Publisher: Rowman & Littlefield
ISBN: 0761873635
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
The book is about economic developments and policies in the first decade or so after the independence of the fifteen countries that emerged from the dissolution of the Soviet Union in 1991. From 1992 to 2003, the author was in charge of the IMF’s work on the fifteen countries that emerged from the former Soviet Union. In those years, the countries were beginning the transition from the Soviet central planning system towards market economies. The book focuses on the role of the IMF in this transition. It explains what the IMF was trying to do and why.
Author: Mr.Michael W. Bell
Publisher: International Monetary Fund
ISBN: 1451851219
Category : Business & Economics
Languages : en
Pages : 65
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Book Description
This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact on economic structure and their implications for macroeconomic management and stability. It identifies some of the special conditions before and during the reform process that impinged on China’s capacity to implement reforms, and, in particular, those where China may differ from other countries undertaking reform, including former CPEs. A further consideration is the choice of the sequence and pace of reform and the structural and institutional changes that are needed to reorient the economy towards the market.
Author: László Halpern
Publisher: Cambridge University Press
ISBN: 9780521630689
Category : Business & Economics
Languages : en
Pages : 418
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Book Description
A comprehensive assessment of the Hungarian economy, first published in 1998.
Author: Herbert Giersch
Publisher:
ISBN: 9783642765735
Category :
Languages : en
Pages : 186
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Book Description
Author: Stefan De Vylder
Publisher:
ISBN:
Category : Free enterprise
Languages : en
Pages : 70
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Book Description
Author: Peter Nolan
Publisher: Anthem Press
ISBN: 0857286943
Category : Business & Economics
Languages : en
Pages : 281
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Book Description
In this highly relevant collection, Peter Nolan argues that every effort of policy has to be directed towards avoiding this potentially catastrophic outcome. In their search for a way forward, China’s leaders are looking to the lessons from the country’s own past, as well as to those from other countries, in order to find a way to build a stable, cohesive and prosperous society. This effort is of vital importance, not only for China, but also for the whole world.
