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Output Decline In Transition
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Book Synopsis Output Decline in Transition by : Mark De Broeck
Download or read book Output Decline in Transition written by Mark De Broeck and published by . This book was released on 2006 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a detailed analysis of the output decline in Kazakhstan in the early years of the transition. The decline is documented at the aggregate and sectoral levels, and the quality of the available data is reviewed. A growth accounting framework quantifies the productivity slowdown in Kazakhstan and illustrates how excessive capital accumulation under central planning has contributed to the output decline. In addition, strong evidence is found that disorganization and inherited sectoral misallocation have played a significant role. Credit contractions and reductions in aggregate demand may have had an effect, but clear patterns of causality cannot be established.
Book Synopsis Output Decline in Transition by : International Monetary Fund
Download or read book Output Decline in Transition written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-04-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a detailed analysis of the output decline in Kazakhstan in the early years of the transition. The decline is documented at the aggregate and sectoral levels, and the quality of the available data is reviewed. A growth accounting framework quantifies the productivity slowdown in Kazakhstan and illustrates how excessive capital accumulation under central planning has contributed to the output decline. In addition, strong evidence is found that disorganization and inherited sectoral misallocation have played a significant role. Credit contractions and reductions in aggregate demand may have had an effect, but clear patterns of causality cannot be established.
Book Synopsis Causes of Output Decline in Economic Transition by : Karen Macours
Download or read book Causes of Output Decline in Economic Transition written by Karen Macours and published by . This book was released on 1997 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Output Decline in Eastern Europe by : R. Holzmann
Download or read book Output Decline in Eastern Europe written by R. Holzmann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp output decline. The fall in real GDP exceeded 20% while real industrial production decreased even by 40%. Output Decline in Eastern Europe aims at providing comprehensive, multi-factor explanations for this unique, painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns of demand. Output Decline in Eastern Europe contains a unique combination of authors from East and West who extensively analyze new data based on country studies. Understanding the causes of recent output decline, the subject matter of this volume may help to assess the prospects for Eastern Europe. The book is addressed to researchers and students as well as interested officials who deal with the transition of formerly centrally planned economies in Central and Eastern Europe.
Book Synopsis Output Decline and Recovery in the Transition Economies by : Paul Brenton
Download or read book Output Decline and Recovery in the Transition Economies written by Paul Brenton and published by . This book was released on 1996 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Evolution of Output in Transition Economies by : Mr.Eduardo Borensztein
Download or read book The Evolution of Output in Transition Economies written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1999-05-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the relative roles of macroeconomic variables, structural policies, and initial conditions in explaining the time path of output in transition and the large observed differences in output performance across transition economies? Using a sample of 26 countries, this paper follows a general-to-specific modeling approach that allows for differential effects of policies and initial conditions on the private and state sectors and for time-dependent effects of initial conditions. While showing some fragility to model specification, the results point to the preeminence of structural reforms over both initial conditions and macroeconomic variables in explaining cross-country differences in performance and the timing of the recovery.
Book Synopsis Output Decline and Government Expenditures in European Transition Economies by : Mr.Ke-young Chu
Download or read book Output Decline and Government Expenditures in European Transition Economies written by Mr.Ke-young Chu and published by International Monetary Fund. This book was released on 1994-06-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of government expenditure policies in the decline in aggregate output in European transition economies. It is argued that there is little evidence for the hypothesis that more expansionary expenditure policies would have helped to mitigate the output decline. While measurement problems allow for very preliminary conclusions, it appears that government expenditures were, generally, not a binding constraint for output. In those cases where it could be argued that government expenditures were a binding constraint, they were usually not the only one. Government expenditure levels still remain on the high side, at least when compared with European market-based economies, and there exists few reasons for pursuing expansionary expenditure policies to lift European transition economies out of the “transitional recession.” While raising expenditure levels per se is an unappealing policy choice, a further reordering of expenditure priorities is desirable. In particular, increases in the share of government expenditures on capital--human and physical--are needed to improve long-run output potential.
Book Synopsis Price liberalization and output decline in transition by : Sašo Polanec
Download or read book Price liberalization and output decline in transition written by Sašo Polanec and published by . This book was released on 2004 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis TRANSITION AND THE OUTPUT FALL. WORKING PAPER #37. by : GERARD ROLAND & THIERRY VERDIER
Download or read book TRANSITION AND THE OUTPUT FALL. WORKING PAPER #37. written by GERARD ROLAND & THIERRY VERDIER and published by . This book was released on 1997 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Output Decline and Government Expenditures in European Transition Economies by : Gerd Schwartz
Download or read book Output Decline and Government Expenditures in European Transition Economies written by Gerd Schwartz and published by . This book was released on 2006 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the role of government expenditure policies in the decline in aggregate output in European transition economies. It is argued that there is little evidence for the hypothesis that more expansionary expenditure policies would have helped to mitigate the output decline. While measurement problems allow for very preliminary conclusions, it appears that government expenditures were, generally, not a binding constraint for output. In those cases where it could be argued that government expenditures were a binding constraint, they were usually not the only one. Government expenditure levels still remain on the high side, at least when compared with European market-based economies, and there exists few reasons for pursuing expansionary expenditure policies to lift European transition economies out of the quot;transitional recession.quot; While raising expenditure levels per se is an unappealing policy choice, a further reordering of expenditure priorities is desirable. In particular, increases in the share of government expenditures on capital--human and physical--are needed to improve long-run output potential.
Author :Natalja von Westernhagen Publisher :Springer Science & Business Media ISBN 13 :3642574831 Total Pages :297 pages Book Rating :4.6/5 (425 download)
Book Synopsis Systemic Transformation, Trade and Economic Growth by : Natalja von Westernhagen
Download or read book Systemic Transformation, Trade and Economic Growth written by Natalja von Westernhagen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1980s and the beginning of the 1990s, the Commonwealth of Independent States (CIS) and Central and Eastern European Countries (CEECs) have been involved in the transition process. This book compares the progress of some of these economies in transition and analyses their growth potential. The focus lies on the special role that foreign trade liberalisation and foreign direct investment plays in economic growth. Since foreign trade and foreign direct investment are important channels of technology transfer they can substantially contribute to a higher level of economic growth. Based on the gravity model this book investigates potential in foreign trade and foreign direct investment for selected CIS and CEECs with developed OECD economies. Policy options for some of these countries are discussed including issues of foreign trade, foreign direct investment, structural adjustment, and economic growth.
Book Synopsis A Decade of Transition by : Mr.Oleh Havrylyshyn
Download or read book A Decade of Transition written by Mr.Oleh Havrylyshyn and published by International Monetary Fund. This book was released on 2001-04-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reviews the experience of 25 non-Asian transition economies 10 years into their transformation to market economies. The volume is based on an IMF conference held in February 1999 in Washington, D.C., to take stock of the achievements and the challenges of transition in the context of three questions: How far has transition progressed ineach country? What factors explain the differences in the progress made? And what remains to be done?
Book Synopsis The Economics of Post-Communist Transition by : Olivier Blanchard
Download or read book The Economics of Post-Communist Transition written by Olivier Blanchard and published by OUP Oxford. This book was released on 1997-08-28 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition in Central and Eastern Europe has led to a U-shaped response of output: a sharp decline in output followed by recovery. Most of the countries of Central Europe seem now firmly on the upside; most of the countries of Eastern Europe are still close to the bottom of the U: an optimistic view is that they are now negotiating the turn. Olivier Blanchard, a distinguished economist who has worked on transition since its beginning, is one of the first to present a unified analysis of the process of transition. The U-shaped response of output, its causes and its implications, are the subject of this book. The text is split into four chapters. The first reviews the facts; the second focuses on the two basic mechanisms underlying transition: reallocation and restructuring; the third looks more closely at a number of issues, from the interactions between restructuring and privatization to the nature of the labour market in transition; the fourth chapter pulls the material together in an analytical model of transition. This model is then used to discuss policy issues, from the design of privatization to the role of fiscal policy in transition.
Book Synopsis Output decline and government expenditures in european transition economies by : Fondo Monetario Internacional
Download or read book Output decline and government expenditures in european transition economies written by Fondo Monetario Internacional and published by . This book was released on 1994 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transition, Recession and Labour Supply by : Paolo Verme
Download or read book Transition, Recession and Labour Supply written by Paolo Verme and published by Routledge. This book was released on 2020-11-25 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001: Exploring the relationship between the recession and labour supply in Kazakhstan during the 1990s, this volume develops an innovative new model of the transitional process in the context of the CIS. It departs from conventional economic models explaining the process of transition, transferring the focus of attention from labour demand to labour supply with a view to clarifying how the transitional recession has affected households and, in turn, how these changes modified the supply of labour. Paolo Verme examines how the dynamic of the reallocation of labour between state and private enterprises has been drastically altered by the growth of self-employment and also takes a much-needed look at the contribution of other factors, offering an original explanation of this most important economic phenomenon.
Book Synopsis Alternative Strategies for Overcoming the Current Output Decline of Economies in Transition by : Österreichische Nationalbank (Wien)
Download or read book Alternative Strategies for Overcoming the Current Output Decline of Economies in Transition written by Österreichische Nationalbank (Wien) and published by . This book was released on 1992 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Output Decline and Government Expenditure in European Transition Economies by : K. Chu
Download or read book Output Decline and Government Expenditure in European Transition Economies written by K. Chu and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
