Download or read book IMF Staff Papers Volume 48 Special Issue Transition Economies How Much Progress written by Mr.Richard D. Haas and published by International Monetary Fund. This book was released on 2002-04-25 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter is the collection of eight papers on different aspects of the first 10 years of economic transition. Transition issues have appeared initially quite controversial. There have been controversies on the speed of reforms, privatization methods, the role and organization of government, the kind of financial system needed, etc. Although these controversies often have been ideological, they also reflect to a large extent the initial ignorance and unpreparedness of the economics profession with respect to the large. Resident representatives in transforming economies have had a unique opportunity to witness and participate in one of the most interesting and challenging events of the economics profession in the past 50 years: the transformation of centrally planned economies into market-based systems. The job is intellectually fascinating, frequently extremely rewarding, occasionally frustrating, however, never boring. The decline in cash revenue in Russia has been the key macroeconomic policy failure of the transition. This paper argues that the fall in cash compliance emerged when money printing was replaced with a method of budget financing that did not, in the short run, compromise the government's goals of low inflation, a stable exchange rate, and low interest rates, but which ultimately has led the government into a low cash revenue trap.
Download or read book Divergent Paths in Post Communist Transformation written by O. Havrylyshyn and published by Springer. This book was released on 2006-02-20 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most comprehensive and up-to-date analysis of the successes and failures of 27 countries post-communism transformation. Looking at life after the fall of the Berlin wall in 1989, the book examines and contrasts why some countries have virtually completed their transformation to a liberal polity and economy, while others lag behind.
Download or read book Return to Growth in CIS Countries written by Lúcio Vinhas de Souza and published by Springer Science & Business Media. This book was released on 2006-08-29 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to analyse specific sets of macro and structural policies in selected Eastern European countries. The book includes studies on the major Western CIS countries, Belarus, Russia and Ukraine, plus a set of cross-country and regional studies. The analysis in this book contributes importantly to the discussion about the economic prospects of the CIS countries.
Download or read book Tearing Down Walls written by Mr.James M. Boughton and published by International Monetary Fund. This book was released on 2012-03-05 with total page 1036 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume--the fifth in a series of histories of the International Monetary Fund--examines the 1990s, a tumultuous decade in which the IMF faced difficult challenges and took on new and expanded roles. Among these were assisting countries that had long operated under central planning to manage transitions toward market economies, helping countries in financial crisis after sudden loss of support from private financial markets, adapting surveillance to reflect the growing acceptance of international standards for economic and financial policies, helping low-income countries grow and begin to eradicate poverty while staying within its mandate as a monetary institution, and providing adequate financial assistance to members in an age of limited official resources. The IMF's successes and setbacks in facing these challenges provide valuable lessons for an uncertain future.
Download or read book Present at the Transition written by Oleh Havrylyshyn and published by Cambridge University Press. This book was released on 2020-05-28 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly thirty years after the fall of the Soviet Union, debates over paths to market liberalization have produced numerous studies across the social sciences. This groundbreaking work from Oleh Havrylyshyn offers a new perspective. Havrylyshyn, a former official in the post-independence Ukrainian government, provides a unique, primary source account of the people and problems at the heart of economic transitions. Grounded in three decades of data, along with experiential research gleaned from nearly thirty countries, this book contains the most up-to-date assessment of economic transitions in post-communist regions. It critically examines questions of gradual versus radical reforms, the relationship between democracy and market liberalization, and how history, individual personalities, and foreign influence determined political choices. Thorough research and accessible style make this work a valuable resource for students and specialists of economics, political science, and history as well as readers generally interested in international studies, government, and business.
Download or read book Russia and the European Union written by Cynthia A. Roberts and published by . This book was released on 2007 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Russia and the West have avoided renewed confrontation despite many post Cold War crises, but illiberal trends in Russia rule out any prospect of developing a mutual agenda for closer integration. Russian engagement with the leading Euro-Atlantic institutions on a special, but still subordinate, nonmember basis remains a clever yet suboptimal substitute. Such relationships, as this monograph about Russia and the European Union explains, tend to produce shallow collaboration, symbolic summitry and costly standoffs. Closer cooperation is blocked by an ongoing dispute over terms, which is rooted in asymmetries in power, ambivalent preferences, uncertainty about the distributional costs and benefits of deeper engagement, and Russia's continued unwillingness or inability to lock-in the liberal domestic structures necessary to make credible commitments. Moscow's renewed self-confidence and geopolitical ambitions, bolstered by sustained economic growth and high energy prices, complicate the bargaining and further strain these special relationships which persist for lack of a realistic, superior alternative.
Download or read book Decentralized Governance and Accountability written by Jonathan A. Rodden and published by Cambridge University Press. This book was released on 2019-02-28 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews recent lessons about decentralized governance and implications for future development programs and policies.
Download or read book Entrepreneurship and Taiwan s Economic Dynamics written by Fu-Lai Tony Yu and published by Springer Science & Business Media. This book was released on 2012-04-02 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taiwan’s economic success is well known and considered to be one of the “East Asian Miracles” by the World Bank. This book examines the contributions of dynamic entrepreneurs to the economic development of Taiwan. It adopts Austrian theories of entrepreneurship and market process as a major analytical framework. Specifically, it focuses on knowledge and coordination problems. It examines how entrepreneurs identify and pursue profit opportunities, and how their efforts have enhanced Taiwan’s economic dynamics. This book sheds new light on the economic development of Taiwan.
Download or read book Rise and Decline of Industry in Central and Eastern Europe written by Bernhard Müller and published by Springer Science & Business Media. This book was released on 2005-08-29 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the course of the tremendous political and economic upheaval starting in 1989/1990 many industrial cities and regions in Central and Eastern Europe have been confronted with profound problems. This book presents eleven detailed national reports which describe the situation in such cities and regions as well as the strategies which have been employed to cope with structural change. The country reports are complemented by short case studies of selected cities and regions. An introduction gives background to such topics as structural change and the ramifications of EU enlargement. Finally some conclusions are drawn and recommendations offered for future policy.
Download or read book The Low Income Countries of the Commonwealth of Independent States written by Sarosh Sattar and published by International Monetary Fund. This book was released on 2004-04-22 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The CIS-7 Initiative was launched in 2002 and endorsed by ministers from the CIS-7 and donor countries, with the objective of promoting poverty reduction, economic growth, and debt sustainability among the seven poorest countries of the Commonwealth of Independent States (CIS). This volume draws from the follow-up conference held in Lucerne, Switzerland, in January 2003. The objective of this conference was to achieve an understanding of the development agenda in the seven countries and the key policy measures to be taken by the governments and donors to improve future prospects for the countries’ populations.
Download or read book The Political Economy of Special Economic Zones written by Lotta Moberg and published by Taylor & Francis. This book was released on 2017-03-16 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Did China solve the incentive problem? -- Did the Chinese SEZs lead to general reform? -- Chinese SEZs at their best -- Not a tool to avoid reforms -- Notes -- References -- 7. Dividing the Dominican Republic -- Did the Dominican Republic solve the knowledge problem? -- Did the Dominican Republic solve the incentive problem? -- Did the SEZs lead to general reform? -- How the SEZs helped the government avoid liberalization -- Why the Dominican SEZs persist -- Notes -- References -- PART III: The political economy of future SEZs -- 8. Implications for SEZ policy makers -- When to deal with the knowledge and incentive problems -- Meeting with the SEZ planners -- Notes -- References -- 9. The changing world of SEZs -- The role of the World Trade Organization -- Future threats -- The zones of the future -- Notes -- References -- Conclusion -- Index.
Download or read book Finance Development September 2004 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2004-09-02 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights that for the IMF, July 2004 marked the 60th anniversary of the conference in Bretton Woods, New Hampshire, when delegations from 44 allied countries drafted and agreed upon the IMF’s charter. The IMF’s role and work have evolved in response, but like any large organization, its ability to change has been limited by its own rules and mandate and has been held back by inertia. This year’s anniversary offers an opportunity to reflect on how gaps between the reality and the ideal might be closed in the coming years.
Download or read book Economic Restructuring and Integration in Eastern Europe written by Ruslan Grinberg and published by Nomos Verlagsgesellschaft. This book was released on 2008 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the main results of INDEUNIS, which is an international research project coordinated by the Vienna Institute for International Economic Studies and financed by the European Commission under its Sixth Framework Programme. Researchers f
Download or read book Handbook of the Economics and Political Economy of Transition written by Paul Hare and published by Routledge. This book was released on 2013-05-02 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy. This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth. Topics covered include the socialist system pre-transition, economic reforms, institutions, the political economy of transition, performance and growth, enterprise restructuring, and people and transition. The country coverage is also extensive, from the former socialist countries of the USSR and the satellite states of Central and Eastern Europe to the Asian countries of China, Vietnam and others. The rise of China as a key actor in the drama is chronicled, along with the emergence of a new, more confident, oil-rich Russia. The comparative prosperity of the Central European countries such as Poland and the Czech Republic is contrasted with the mixed fortunes of the former USSR, where some countries are stagnating while others boom. This Handbook of the Economics and Political Economy of Transition is the definitive guide to this new order of things in the former Communist world.
Download or read book Shadow Economies Around the World What Did We Learn Over the Last 20 Years written by Leandro Medina and published by International Monetary Fund. This book was released on 2018-01-25 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: We undertake an extended discussion of the latest developments about the existing and new estimation methods of the shadow economy. New results on the shadow economy for 158 countries all over the world are presented over 1991 to 2015. Strengths and weaknesses of these methods are assessed and a critical comparison and evaluation of the methods is carried out. The average size of the shadow economy of the 158 countries over 1991 to 2015 is 31.9 percent. The largest ones are Zimbabwe with 60.6 percent, and Bolivia with 62.3 percent of GDP. The lowest ones are Austria with 8.9 percent, and Switzerland with 7.2 percent. The new methods, especially the new macro method, Currency Demand Approach (CDA) and Multiple Indicators Multiple Causes (MIMIC) in a structured hybrid-model based estimation procedure, are promising approaches from an econometric standpoint, alongside some new micro estimates. These estimations come quite close to others used by statistical offices or based on surveys.
Download or read book Statisztikai szemle written by and published by . This book was released on 2006 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Putin written by Richard Sakwa and published by Routledge. This book was released on 2007-11-13 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new edition of this extremely well-received political biography of Vladimir Putin builds on the strengths of the first edition to provide the most detailed and nuanced account of the man, his politics and his profound influence on Russian politics, foreign policy and society. New to this edition: analysis of Putin's second term as President more biographical information in the light of recent research detailed discussion of changes to the policy process and the élites around Putin developments in state-society relations including the conflicts with oligarchs such as Khodorkovsky review of changes affecting the party system and electoral legislation, including the development of federalism in Russia details on economic performance under Putin, including more discussion of the energy sector and pipeline politics Russia’s relationship with NATO after the ‘big bang’ enlargement, EU-Russian relations after enlargement, and Russia’s relations with other post-Soviet states the conclusion brings us up-to-date with debates over the question of democracy in Russia today and the nature of Putin’s leadership and his place in the world. Putin is essential reading for all scholars and students of Russian politics.
