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Financial Reform In Socialist Econmies In Transition
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Book Synopsis Financial Reform in Socialist Economies in Transition by : Millard Long
Download or read book Financial Reform in Socialist Economies in Transition written by Millard Long and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The restructuring of banks must be tied to the restructuring of industrial enterprises, to macroeconomic stabilization, to price reform, and to the resolution of ownership problems. These problems, which will take years to resolve, require a commitment to reform, clear ideas about what is to be achieved, and realistic expectations about the difficulties that will be encountered.
Book Synopsis Financial Reform in Socialist Econmies in Transition by :
Download or read book Financial Reform in Socialist Econmies in Transition written by and published by World Bank Publications. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics of Transition by : Hüsnü Kizilylli
Download or read book Economics of Transition written by Hüsnü Kizilylli and published by Routledge. This book was released on 2019-05-23 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure.
Book Synopsis Financial Policies in Socialist Countries in Transition by :
Download or read book Financial Policies in Socialist Countries in Transition written by and published by World Bank Publications. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Reforming Finance in Transitional Socialist Economies by : Gerard Caprio
Download or read book Reforming Finance in Transitional Socialist Economies written by Gerard Caprio and published by World Bank Publications. This book was released on 1992 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Policies in Socialist Countries in Transition by : Boris Pleskovic
Download or read book Financial Policies in Socialist Countries in Transition written by Boris Pleskovic and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most transitional economies have adopted a gradual approach to reform of their financial systems, maintaining the banking system's passive role. But the financial restructuring of banks and enterprises should be undertaken simultaneously -- early in the transition.
Book Synopsis Socialist Economies and the Transition to the Market by : Ian Jeffries
Download or read book Socialist Economies and the Transition to the Market written by Ian Jeffries and published by Routledge. This book was released on 1993-05-27 with total page 879 pages. Available in PDF, EPUB and Kindle. Book excerpt: This provides a detailed account of each of the socialist countries and an analysis of the various problems they have met in the long transition to market economies, each of which is very different.
Book Synopsis Transition from Socialist to Market Economies by : S. Ichimura
Download or read book Transition from Socialist to Market Economies written by S. Ichimura and published by Springer. This book was released on 2009-10-21 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.
Book Synopsis Financial Sector Reform in Transitional Socialist Economies by : Alan Roe
Download or read book Financial Sector Reform in Transitional Socialist Economies written by Alan Roe and published by . This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Ten Years of Postsocialist Transition by : Grzegorz W. Kolodko
Download or read book Ten Years of Postsocialist Transition written by Grzegorz W. Kolodko and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition to a market economy is a lengthy process comprised of various spheres of economic activities. The naive belief that a market economy can be introduced by "shock therapy" is wrong, and in several cases, when attempted, has caused more problems than it has solved. Because a market economy requires adequate institutional structures and an appropriate behavior, transition can be executed only in a gradual manner, since these are very gradual processes based upon new organizations, new laws, and the changing behavior of various economic entities. In 1989, influential financial organizations, political bodies, and professional economists seemed to agree upon main points for economic policy reform. This was termed the Washington consensus. Despite the fact that the economic policy of the Washington consensus was initially developed without any concern for post-socialist transformation, it has happened that these ideas have significantly influenced the path of thought and action in Eastern Europe and the former Soviet Union. Because these policies were not intended for the overhaul of post-socialist countries, however, they have failed. A new, post-Washington consensus is developing, as it should, based on the lessons learned from experience thus far. Some major policy conclusions can be drawn: First, institutional arrangements are the most important factor for progress toward durable growth. Second, policy must recognize that institution building by its nature must be a gradual process. Third, policy makers must acknowledge that the size of the government is less important than the quality of its policy and the manner of the changes of government dimension. Fourth, if institutional arrangement is neglected and left to the spontaneous processes and unleashed forces of liberalized markets, then informal institutionalization fills the systemic vacuum. Fifth, in transition economies' policies must transform and streamline the judiciary system to serve the market economy. Sixth, a shift of competence and power from the central government to local governments is necessary for deregulation of the post-socialist economy. Seventh, there is an urgent necessity to accelerate the development of non-government organizations. Eight, during transition income policy and government concern for equitable growth has great meaning. Ninth, short-term capital liberalization must be monitored and controlled by the countries' fiscal and monetary authorities with the support of international financial institutions. Tenth, the Bretton Woods organizations should reconsider their policies toward transition economies aiming at institutional building and support for equitable growth.
Book Synopsis The Socialist Economies in Transition by : Robert Wellington Campbell
Download or read book The Socialist Economies in Transition written by Robert Wellington Campbell and published by . This book was released on 1991 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with a perfect-administration interpretation of the Soviet-type economy, the financial and macrophenomena in the administered economy, the growth strategy and growth performance in the Soviet world, the semi-reformed economy and its characteristic problems.
Book Synopsis Ten Years of Post-socialist Transition Lessons for Policy Reform by : Grzegorz W. Kolodko
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:
Book Synopsis Transition and Economics by : Gérard Roland
Download or read book Transition and Economics written by Gérard Roland and published by MIT Press. This book was released on 2000 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Transformation Of Communist Systems by : Bernard Chavance
Download or read book The Transformation Of Communist Systems written by Bernard Chavance and published by Routledge. This book was released on 2019-06-26 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the confrontation between the two main economic systems that has marked the twentieth century, capitalism has been declared the winner–by default– over its adversary, socialism. Today, establishing a market economy has become the primary goal of the formerly socialist countries. The history of economic reform helps explain this remarkable turning point. Attempts to improve the old centralized system by expanding enterprise autonomy (in Poland, the Soviet Union, and East Germany) and more radical reforms that limited the role of central planning (in Yugoslavia, Czechoslovakia, Hungary, and China) encountered social and political obstacles or had unexpected and undesired effects. During the 1980s, the idea of a socialist market economy, which had been seen as a "third way" between capitalism and centralized socialism, was abandoned as economists gradually came to support a free market rather than the dogma of planning. Through a comparative and historical analysis of change in socialist and post-socialist systems, this timely and original book clarifies the policies and pitfalls in this extraordinary transition. Bernard Chavance provides a succinct introduction and analysis of the politics and economics of Eastern Europe from the creation of the Stalinist system in the Soviet Union through what he argues have been three major waves of reform since the 1950s to the dismantling of most socialist governments in the 1990s. Exploring the link between the one-party regime and the growing rigidity of socialist economic systems, the author analyzes the failure of both incremental and radical reforms to adapt to new economic challenges, thus leading to the ultimate collapse of communist regimes in Europe.
Book Synopsis Economics of Transition by : HUSNU. KIZILYLLI
Download or read book Economics of Transition written by HUSNU. KIZILYLLI and published by Routledge. This book was released on 2020-04-02 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure.
Book Synopsis Economics of Transition by : HUSNU. KIZILYLLI
Download or read book Economics of Transition written by HUSNU. KIZILYLLI and published by Routledge. This book was released on 2019-05-31 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure.
Book Synopsis Transforming Socialist Economies by : S. Burki
Download or read book Transforming Socialist Economies written by S. Burki and published by Springer. This book was released on 2004-12-07 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transforming Socialist Economies: Lessons for Cuba and Beyond argues that countries with centrally-planned economies can pursue divergent paths towards market liberalization. The book reviews the reform processes of China, the Central Asian Republics, Eastern Europe, Russia, Vietnam, and the role of the international financial institutions, and draws lessons for Cuba, a country on the verge of wider economic transformation.
