Download or read book The Strategy of Reform in the Previously Centrally Planned Economies of Eastern Europe written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1993-03-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes some of the lessons that can be drawn from the experience of Eastern Europe in the process of transition to a market economy that is under way, and examines some key challenges currently facing policymakers in these economies. The paper studies the constraints affecting the general strategy of reform--rapid versus gradual--that was adopted, and the output decline initially experienced and its effect on medium-term growth perspectives. The paper also discusses the implementation of mass privatization schemes, and the type and extent of government intervention in the restructuring process. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.
Download or read book The Strategy of Reform in the Previously Centrally planned Economies of Eastern Europe Lessons and Challenges written by Eduardo Borensztein and published by . This book was released on 1993 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Strategy of Reform in the Previously Centrally planned Economies of Eastern Europe written by Eduardo R. Borensztein and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Adjustment and Reform in Eastern Europe and the Soviet Union written by Franklyn D. Holzman and published by Duke University Press. This book was released on 1988 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.
Download or read book Reform and Transformation in Eastern Europe written by János Mátyás Kovács and published by Routledge. This book was released on 1992-06-04 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can the economics of Eastern Europe make the dramatic transition from centrally-planned to market-led economics? This book tries to understand the intellectual background behind this change and the problems of managing it.
Download or read book Economic Reforms In Eastern Europe And The Soviet Union written by Hubert Gabrisch and published by Routledge. This book was released on 2019-05-20 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author discusses the traditional system of management of the economy as it existed in the early 1950s in the USSR and goes on to deal with the reforms of the 1960s and of the 1980s, country by country. He shows that the focus of the reforms is on finding a proper combination of planning and the market mechanism, and their success will be judged
Download or read book Ten Years of Post socialist Transition Lessons for Policy Reform written by Grzegorz W. Kolodko and published by World Bank Publications. This book was released on 1999 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Road to Capitalism written by David Kennett and published by . This book was released on 1992 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed as a reader for courses in comparative economics, East European economics and politics, and international relations and business; includes 37 recent and "classic" articles in 10 parts. Includes bibliographical references. Part I. The failure of central planning -- Part II. The lure of the market -- Part III. The legal system -- Part IV. The financial system -- Part V. Market failure -- Part VI. The macroeconomy -- Part VII. Privatization -- Part VIII. International economic issues -- Part IX. The politics of economic reform -- Part X. The strategy of reform.
Download or read book Europe between East and South written by Siro Lombardini and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of 1991, the Fondazione Eni Enrico Mattei hosted the Integration Symposium of the Confederation of European Associations of Economists on "Europe between East and South". This volume brings together the selected and edited proceedings of the conference. The focus of the book is the transformation of the formerly planned economies in Eastern and Central Europe from an international perspective. The opening up of the Eastern bloc adds a new and extremely challenging dimension to the relationship between the more and the less developed economies. Almost all developing countries implemented liberalisation policies throughout the Eighties, thereby dramatically increasing the market orientation of their economies. The "recipes" used in the South are also being applied virtually unmodified, in Eastern Europe. The symposium was one of the first forays comparing the two sets of experiences, showing that the lessons from the South are of great value for Eastern European reforms. Reforms in Eastern European countries equally affect economic flows between Europe and developing countries, and create new challenges for European countries themselves. Eastern Europe is an enclave of cheap and relatively skilled labour, thus a dramatic competitive threat for other developing countries and poorer EC regions. Furthermore, the strategic relevance of this area for the western world is likely to cause a diversion of public resources previously earmarked for the development of southern economies. All these issues could have tremendous consequences for the environment.
Download or read book Transformation and Crisis in Central and Eastern Europe written by Bruno Dallago and published by Routledge. This book was released on 2016-05-05 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.
Download or read book Lessons from the Economic Transition written by Salvatore Zecchini and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: An attentive reader embarking on this book might wonder what "the" economic transition to which the title refers might be. In this century almost all countries have gone through periods of economic transition; but which period of economic history can claim to embody the notion or to represent the era of "the" transition? Definitely, no country or group of countries has experienced anything comparable to the economic upheavals that the fall of communism has brought about in a large portion of the world in just three years (1989 to 1991). No other "transition" to date has prompted more interest and more studies among economists, academics and policy-makers than has the transformation of centrally planned economies into market-based systems. It is this transformation that has come to define "the" transition. Early in the transformation process (in November 1990), with the support of the Centre for Co-operation with the Economies in Transition (CCET), I launched a conference to examine the challenges faced by these countries. About six years have gone by and a new economic landscape has emerged in that part of the world. The difficulties in transforming these economies have exceeded all expectations, and economic performances have varied considerably across countries. The time has come, therefore, to make a first evaluation of progress and problems, with a view to extracting useful policy lessons to guide policy-makers in successfully completing the transition in the near future.
Download or read book The Politics of Economic Reform in Central and Eastern Europe written by Dariusz K. Rosati and published by . This book was released on 1992 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Reform in Transition Economies written by Jorge Martinez-Vazquez and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the governments of countries in Eastern Europe and the former Soviet Union continue to grapple with the challenges of transition, many significant policy developments have already taken place over the past six years, developments of interest to policymakers and economists alike. Conditions in these Countries in Transition (CITs) have presented a formidable challenge to reformers, a challenge that has been met with bold, rapid action in some cases; timid, tepid response in others. Now, as CITs enter the seventh year of transition, perhaps lessons can be drawn from their experience which may be of value in the future to those countries that will, in time, be in transition from socialist to market-based economic systems. The goal of this paper is to review the transition experience in tax reform over the past six years, offer a preliminary evaluation of the impact of different approaches to tax reform, and extract lessons from the successes and failures of this experience. The rest of the paper is organized as follows. We start with a brief review of tax systems in socialist planned economies in Section 2, and then move on to an examination of the enduring legacy of tax systems under central planning in Section 3. Many of the failures, problems, and idiosyncrasies of the reform efforts during the transition can be traced to the past, when these tax systems started. In Section 4, we review the two general paradigms for reform that policymakers faced early on in the transition: the adoption wholesale of a western-type, modern tax system or a tax system adapted to transition economies. Many of the current problems in the fiscal arena can be partially attributed to the scope, pace, and stability of the reform process. In Section 5 we offer a short description of the evaluation and current structure of tax systems in CITs. In Section 6 we make a preliminary attempt to quantify the impact of different approaches to tax reform on economic performance of CITs. In Section 7, we summarize the lessons from tax reform in CITs. While no strategy could be comprehensive and infallible, there are lessons to extract from the concrete experiences, relatively better practices and mistakes of CITs for the remaining centrally-planned economies when they in turn embark upon comprehensive market reform.
Download or read book Market oriented Systemic Transformations in Eastern Europe written by Paul J.J. Welfens and published by Springer. This book was released on 2012-10-04 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.
Download or read book Reforms in Eastern Europe and the Former Soviet Union in Light of the East Asian Experiences written by Jeffrey D. Sachs and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past five years, there has been an important international debate over the style of market reforms in the former centrally planned economies of East Asia, Eastern Europe, and the former Soviet Union. The economic performance across regions, summarized in Table 1, could not be more disparate, with rapid economic growth and low inflation in the East Asia transition economies, compared with sharp declines in GDP and high inflation in Eastern Europe and the Former Soviet Union (hereafter combined as EEFSU). This disparity has given rise to a plethora of theories about the underlying differences in the two regions, ranging over cultural, political, and economic factors.
Download or read book Financial Reform in Central and Eastern Europe written by A. W. Mullineux and published by Nova Biomedical Books. This book was released on 1995 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first part of this book consists of seven chapters which draw lessons for the transforming economies from the experiences of EC member countries (including, Eastern Germany), the U.S., and South-East Asian 'Pacific Rim' countries. The second part of the book contains a further six chapters which focus on the experiences of Poland in the early phase of its transition with regard to privatisation, the microeconomic impact of monetary policy and banking sector reform, and draws lessons for other transforming economies.
Download or read book Economic Reform in Europe and the Former Soviet Union written by Rod Tyers and published by Intl Food Policy Res Inst. This book was released on 1994-01-01 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prereform economicies. The transition in the postsocialist economies. Analyiss of food policy reforms. Implications for other development countries.
