Download or read book Modeling the Economic Performance of Yugoslavia written by James H. Gapinski and published by Praeger. This book was released on 1989-10-24 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The culmination of work begun in 1985 by the authors under the joint sponsorship of the Ekonomski Institut Zagreb and Florida State University, this book posits the most comprehensive and relevant model yet developed to explain the workings of Yugoslavia's economy. The authors have developed a model that is both theoretically oriented and empirically relevant--ensuring its appropriateness for recommending and evaluating alternative policy remedies for the acute problems of inflation, unemployment, and foreign trade now facing Yugoslavia, a country until recently noted for its economic successes. Already chosen to represent Yugoslavia in the ongoing international Project LINK, a global system for tracking and forecasting the economic conditions of some eighty countries and regions, the model is distinguished by its policy emphasis and by its ability to capture the fundamental divisions of the Yugoslav economy. Students and scholars of socialism, Marxism, and comparative economics will find this a major contribution to the literature of economic modeling. The book begins by providing essential background information about Yugoslavia including highlights of the country's economic experience, special features of its economic structure, the composition of its political system, the operation of its financial system, and the behavior of firms. Part two includes four chapters which examine the different components of the Yugoslav economy and review the theoretical basis and empirical performance of the equations which describe those components. A separate chapter presents the complete model, called the EIZFSU Mark 1.0 in recognition of its major sponsoring institutions. In the final part, the model is used to study policies for improving the performance of the economy and obstacles to their implementation. An appendix describes and quantifies the variables used in the model while a list of references provides additional information for the researcher who wishes to pursue further study in this area.

Download or read book Essays on the Yugoslav Economic Model written by George Macesich and published by Praeger. This book was released on 1989-01-18 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume treats various aspects of the Yugoslav economic model and focuses on the long-term program of stabilization undertaken by that country in the last few years. The contributors discuss such diverse topics as the country's socioeconomic relations, and problems and prospects for carrying out a long-term stabilization program. Essays on the Yugoslav Economic Model puts forth a number of assertions relating to the country's economic performance: that Yugoslavia must resort to greater reliance on markets; it must become more export oriented with a fully convertible currency; the country must rid itself of debilitating inflation; it must preserve a social policy consistent with its socialist principles. This volume treats various aspects of the Yugoslav economic model and focuses on the long-term program of stabilization undertaken by that country in the last few years. Essays on the Yugoslav Economic Model puts forth a number of assertions relating to the country's economic performance: that Yugoslavia must resort to greater reliance on markets; it must become more export oriented with a fully convertible currency; the country must rid itself of debilitating inflation; it must preserve a social policy consistent with its socialist principles. Furthermore, Yugoslavia must take all of these measures and more within the constraints of the existing socio-political framework of socialist self-management and heterogeneous population. The contributors each agree that given the country's diversity, a resort to markets is the only meaningful option available.

Download or read book The Economic Structure and Failure of Yugoslavia written by James H. Gapinski and published by Praeger. This book was released on 1993-08-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For roughly three decades following World War II, Yugoslavia enjoyed economic success unparalleled in the communist world. Then came the 1980s. Economic success turned into economic failure, and before long Yugoslavia ceased to exist. This study addresses the question: Could the failure have been prevented? The work begins with a sketch of the historic and economic facts in the life of the country, turning then to theory and the relationship between economic theory and practice in Yugoslavia. It analyzes structure--that which prevailed at the time remedial action could have been taken--and simulates remedial scenarios. Finally, Gapinski draws conclusions from a comprehensive program of restructuring, from the regional composition of the country, and from the profound changes that have swept across Eastern Europe.

Download or read book Economic Policy in Socialist Yugoslavia written by Rudolf Bicanic and published by Cambridge University Press. This book was released on 1973-03-08 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1973 posthumous publication of Rudolf Bićanić's last work on the Yugoslav economy is a fitting tribute to a great Yugoslav of the pre-war era, who survived the revolution and made a notable contribution to the new Yugoslavia. Bićanić was a man of broad learning, equally at home as a geographer, an economist and a political scientist, who was also a man of affairs. His book provides a lucid survey of the economic development of Yugoslavia from 1918 to the 1970s. Bićanić discusses the three planning models used in post-war Yugoslavia - the centralized (1947-1951), the decentralized (1952-1964) and the polycentric (1965-1970) - and discusses the implications of these models in the context of Yugoslavia's industrialization. The book is not only essential reading for anyone wishing to understand Yugoslavia's economic background, but it also raises questions of general interest concerning the application of socialist principles to the industrialization of developing societies.

Download or read book Yugoslav Economic Performance in the 1980s written by Sherman Robinson and published by . This book was released on 1984 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Policies and Adjustment in Yugoslavia written by Fahrettin Yagcı and published by . This book was released on 1987 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a period of successful growth in the 1970s, Yugoslavia was hit very hard by a severe balance of payments crisis at the end of the 1970s that has overshadowed the economic scene since. What were the causes of the crisis? Could it have been averted through the adoption of alternative policies in the 1970s? What can be said about the adjustment policies pursued since 1980 in the light of the lessons of the 1970s? These questions are addressed in this paper with the help of some counterfactual policy simulations for the period 1973-79, using a macroeconomic model developed for the Yugoslav economy. The simulations yielded three main conclusions. First, the payments crisis was attributable to a deterioration in the policy environment, particularly with respect to the exchange rate, wages, and interest rates, although external shocks and/or excessive expansion of domestic demand have played an aggravating role. Second, the crisis could have been avoided with alternative macroeconomic policies. Third, Yugoslavia could have achieved external balance and satisfactory growth in investment and output since 1980 had the policy environment been reformed promptly and significantly.

Download or read book The Economic System Income Distribution in Yugoslavia written by Henryk Flakierski and published by Routledge. This book was released on 1989 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cover -- Half Title -- Title -- Copyright -- Contents -- Preface -- I.A Survey of Systemic Changes -- II. Statistical Analysis -- III. Skill Differentials and Self-Management -- IV. Interbranch Pay Differentials and Self-Management -- V. Conclusions: Is Self-Management the Villain? -- Appendix -- Notes

Download or read book State Collapse and Reconstruction in the Periphery written by Jens Stilhoff Sörensen and published by Berghahn Books. This book was released on 2009 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the 1990s, Yugoslavia, which had once been a role model for development, became a symbol for state collapse, external intervention and post-war reconstruction. Today the region has two international protectorates, contested states and borders, severe ethnic polarisation and minority concerns. In this first in-depth critical analysis of international administration, aid and reconstruction policies in Kosovo, Jens Stilhoff Sorensen argues that the region must be analysed as a whole, and that the process of state collapse and recent changes in aid policy must be interpreted in connection to the wider transformation of the global political economy and world order. He examines the shifting inter- and intracommunity relations, the emergence of a 'political economy' of conflict, and of informal clientelist arrangements in Serbia and Kosovo and provides a framework for interpreting the collapse of the Yugoslav state, the emergence of ethnic conflict and shadow economies, and the character of western aid and intervention. Western governments and agencies have built policies on conceptions and assumptions for which there is no genuine historical or contemporary economic, social or political basis in the region. As the author persuasively argues, this discrepancy has exacerbated and cemented problems in the region and provided further complications that are likely to remain for years to come." -- Back cover.

Download or read book Socialist Unemployment written by Susan L. Woodward and published by Princeton University Press. This book was released on 1995-08-13 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first political analysis of unemployment in a socialist country, Susan Woodward argues that the bloody conflicts that are destroying Yugoslavia stem not so much from ancient ethnic hatreds as from the political and social divisions created by a failed socialist program to prevent capitalist joblessness. Under Communism the concept of socialist unemployment was considered an oxymoron; when it appeared in postwar Yugoslavia, it was dismissed as illusory or as a transitory consequence of Yugoslavia's unorthodox experiments with worker-managed firms. In Woodward's view, however, it was only a matter of time before countries in the former Soviet bloc caught up with Yugoslavia, confronting the same unintended consequences of economic reforms required to bring socialist states into the world economy. By 1985, Yugoslavia's unemployment rate had risen to 15 percent. How was it that a labor-oriented government managed to tolerate so clear a violation of the socialist commitment to full employment? Proposing a politically based model to explain this paradox, Woodward analyzes the ideology of economic growth, and shows that international constraints, rather than organized political pressures, defined government policy. She argues that unemployment became politically "invisible," owing to its redefinition in terms of guaranteed subsistence and political exclusion, with the result that it corrupted and ultimately dissolved the authority of all political institutions. Forced to balance domestic policies aimed at sustaining minimum standards of living and achieving productivity growth against the conflicting demands of the world economy and national security, the leadership inadvertently recreated the social relations of agrarian communities within a postindustrial society.

Download or read book Economic Policy in Socialist Yugoslavia written by Rudolf Bićanić and published by Cambridge University Press. This book was released on 1973-03-08 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a lucid survey of the economic development of Yugoslavia from 1918 to the 1970s.

Download or read book Yugoslav Inflation and Money written by Ashok Lahiri and published by International Monetary Fund. This book was released on 1991-05-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of demand for money, and the interaction between the two in Yugoslavia. The asset-liability structure of the Central Bank, together with the policy stance on exchange and interest rates, led to a significant feedback from inflation to money supply. Real money balances are found to have been cointegrated with other economic variables despite their explosive and seasonal nature, and hence in long-run equilibrium relationship as economic theory would suggest.

Download or read book Investment and Property Rights in Yugoslavia written by Milica Uvalic and published by Cambridge University Press. This book was released on 1992-07-31 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was first published in 1992. For decades Yugoslavia had been developing its own model of socialism based on workers' self-management and the increasing use of the market mechanism. As a result, many scholars view the Yugoslav economy differently from other socialist systems. In this book, Dr Milica Uvalic demonstrates how some of the fundamental features of the Yugoslav economy have remained similar to those characterising other socialist economies. Dr Uvalic focuses on theoretical and empirical issues related to investment in Yugoslavia since 1965. She examines investment policies, sources of finance, macroeconomic performance, enterprise incentives, and current property reforms in relation to Western theory on investment behaviour in the labour-managed firm and Kornai's theory on socialist economies. In line with Kornai's theory, the author argues that investment reforms have not led to substantially changed enterprise behaviour, which illustrates the limited results to be expected from partial reforms in a socialist economy. The fundamental problems in Yugoslavia are thus generic to socialist economic systems, rather that the specific characteristic of self-management.

Download or read book Regional Economic Development in the Balkan Region written by Teoman Duman and published by Cambridge Scholars Publishing. This book was released on 2016-01-14 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume brings together original scientific studies on current economic and developmental issues in the Balkan region, and is composed of papers by 25 authors from seven different countries. The Balkan region has gained significant interest in recent years due to its location and strategic position, representing a doorway to Europe, and the region’s stability and progress have direct consequences on various European countries. Because of this strategic position, there is currently much debate regarding a potential partnership of the Balkan states with the European Union. This book offers insights into the current economic and developmental status of the countries in this region, offering a series of chapters that analyse the area from a variety of perspectives. It begins with a discussion on the recent history of the region, especially with reference to the former Yugoslavia and its break-up after the turbulence experienced in 1990s. Other sections are complementary to each other in that they offer comparisons of the Balkan states in their economic progress at the micro and macro levels. Topics such as European integration policies and effects, economic transition, regional trade, tax incentive policy, regional capital markets, regional development agencies and systems, remittances and foreign aid contributions, import-export policies, fiscal policies, analysis of regional microfinance, and the tourism sectors are explored in detail throughout the book.

Download or read book Socialist Models of Development written by Charles K. Wilber and published by Elsevier. This book was released on 2013-10-22 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialist Models of Development covers the theories and principles in socialism development. This book discusses the social evolution of different countries and the historical backgrounds that influence such evolution. The opening sections deal with the socialism and economic appraisal of Burma, Iraq, Syria, Tanzania, and Africa. These topics are followed by discussions of the prospects and problems of the transition from Agrarianism to Socialism of some countries, including Angola, Guinea-Bissau, and Mozambique. Other sections examine the Socialist Cuba and the intermediate regimes of Jamaica and Guyana. The North Korean model of socialism, a comparative study of Romanian socialism and Greece capitalism, as well as a socialist model of economic development of the Polish and Bulgarian are presented. The concluding sections are devoted to the role of management in socialist development and to the agricultural productivity under socialism. The book can provide useful information to sociologists, political analysts, students, and researchers.

Download or read book Planning Models of Educational Requirements for Economic Development as Applied to Yugoslavia written by S. Cohen and published by . This book was released on 1966 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Download or read book East European Economies written by and published by . This book was released on 1986 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: