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Stabilization And Transition In Czechoslovakia
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Book Synopsis Stabilization and Transition in Czechoslovakia by : Karel Dyba
Download or read book Stabilization and Transition in Czechoslovakia written by Karel Dyba and published by . This book was released on 1992 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policies by : Miroslav Hrncir
Download or read book Macroeconomic Policies written by Miroslav Hrncir and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paper discusses reform process in the Czech Republic (and former Czechoslovakia), which after some preparations in 1990 started in 1991 has been implemented along two major reform lines: - microeconomic restructuring including privatization, liberalization of prices and markets, and - creation of a market-typed institutional framework with the stress put on commercial banking and capital markets. The success which was achieved up till now in the field of macroeconomic stabilization is clearly visible. In spite of the price shock in the first three months of 1991 due to the price liberalization and the cuts of subsidies, the monthly consumer price increases since then until the end of 1992 did not surpass 2 percent and in 1992 annual inflation rate was 11.3 per cent, which was the lowest figure among all the ex-communist countries. The external stabilization of the economy has been reflected in the exchange rate of the Czechoslovak Koruna (CSK). This stability has been maintained in spite of the widening scope of internal convertibility. After the split the Czech Republic has kept the exchange rate of the Czech Koruna (CK) unchanged while Slovakia devalued the Slovak Koruna (SK) by 10 per cent. The price paid for the macroeconomic stabilization and the collapse of Comecon was a sharp decline in economic activity. Some progress was achieved within microeconomic restructuring. Almost one thousand big industrial enterprises were privatized through voucher privatization representing the property of more than USD 7 bn (in book value). A number of other firms have been privatized using standard privatization methods. A relatively successful macroeconomic stabilization has been accompanied by a surprisingly low unemployment - especially in the Czech Republic - where unemployment rate stayed at 3.4 in December 1993, which indicates that microeconomic restructuring has Macroeconomic Policies not yet taken place in the extent that could be compared with macroeconomic performance. This in turn means that the issue of macroeconomic stabilization will have to be addressed again in the near future.
Book Synopsis The Czech Republic and Economic Transition in Eastern Europe by : Jan Svejnar
Download or read book The Czech Republic and Economic Transition in Eastern Europe written by Jan Svejnar and published by Academic Press. This book was released on 2013-10-22 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Czech Republic and Economic Transition in Eastern Europe is the first in-depth, comparative analysis of the Czech Republic's economic transition after the fall of the Communist bloc. Edited by Jan Svejnar,a principal architect of the Czech economic transformation and Economic Advisor to President Vaclav Havel, the book poses important questions about the Republic and its partners in Central and Eastern Europe. The thirty-five essayists describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues it faces.In this in-depth, comparative analysis of the Czech Republic's economic transition, an international team of thirty-five economists examine the Republic and its partners in Central and Eastern Europe. Important questions and issues permeate the essays. For example, prior to 1939 the Czech Republic possessed the most advanced economy in the region; is it capable of reestablishing its dominance? Relative to its neighbors, the Republic ranks especially high on some transition-related performance indicators but low on others. What economic effects are related to the 1993 dissolution of the Czech and Slovak governments? And what can be learned by comparing the economic outcomes of two countries that shared legal and institutional frameworks? Data describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. Its most important contributions are its clarifications of the transition process.The authors included in Transforming Czechoslovakia combine the best available data and techniques of economic analysis to assess the replacement of the inefficient but internally consistent central planning system with a more efficient market system. These authors, among whom are central European economic analysts, senior U.S. economists, and Czechoslovakian professors and economic researchers, discuss the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. The essays vary between presentations of history and policy and technical examinations of data. Together they offer the most comprehensive and detailed assessment of the country's economic transformation in print.This book is important because its essayists compile results and reach conclusions that are broad and credible. The empirical data were gathered on the ground and have been subjected to advanced methodologies, including game theory, industrial organization, and Granger-Sims causality.
Book Synopsis The Road to Prosperity by : Karel Dyba
Download or read book The Road to Prosperity written by Karel Dyba and published by . This book was released on 1995 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Czechoslovakia in Transition by : Economist Intelligence Unit
Download or read book Czechoslovakia in Transition written by Economist Intelligence Unit and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Czechoslovakia in Transition by : Sharon L. Wolchik
Download or read book Czechoslovakia in Transition written by Sharon L. Wolchik and published by Burns & Oates. This book was released on 1991 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multi-disciplinary examination of the modern political history, economic system and social institutions of Czechoslovakia, this study evaluates the successes and failures of the Marxist regime, and concludes with analysis of the reasons for, and events since, its collapse in 1989.
Book Synopsis Stabilization and Transition in Czechslovakia by : Karel Dyba
Download or read book Stabilization and Transition in Czechslovakia written by Karel Dyba and published by . This book was released on 1992 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Stabilization in Transition Economies by : Mario I. Blejer
Download or read book Macroeconomic Stabilization in Transition Economies written by Mario I. Blejer and published by Cambridge University Press. This book was released on 1997-03-28 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume explore the special type of policies that were needed in the post-socialist countries of Eastern Europe and the Former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism. The book contains a number of general studies that discuss the type of reforms needed and how they condition policies and analyze the aggregate relationship between reducing inflation, implementing structural reforms, and renewing the process of growth.
Book Synopsis The Euro-Asian World by : Y. Kalyuzhnova
Download or read book The Euro-Asian World written by Y. Kalyuzhnova and published by Springer. This book was released on 2000-03-31 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text establishes the concept of Euro-Asia as the means to discuss the European and Asian countries that are undergoing post-Cold War transformation. Elements of the transitional changes covered include: conflicts and peacekeeping, geopolitical issues and economic realities.
Book Synopsis The Transition in Eastern Europe, Volume 1 by : Olivier Jean Blanchard
Download or read book The Transition in Eastern Europe, Volume 1 written by Olivier Jean Blanchard and published by University of Chicago Press. This book was released on 2008-04-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern Europe, Volumes 1 and 2 is an analysis of the experiences of various countries making the transition to market economies and examines the most important challenges still in store. Volume 1, Country Studies, gives an in-depth, country-by-country analysis of various reform experiences, including historical backgrounds and discussions of policies and results to date. The countries analyzed are Poland, Czechoslovakia, Hungary, eastern Germany, Slovenia, and Russia. Written by leading economists, some of whom helped shape local and national reforms, this volume identifies common progress, common difficulties, and tentative solutions to the problems of economic transition. Volume 2, Restructuring, focuses on specific issues of transition, including how to design labor market institutions, privatization, new fiscal structures, and bankruptcy laws; how to reorganize foreign trade; and how to promote foreign direct investment. The articles, written by experts in the field, will be of direct help to those involved in the transition process. These volumes provide a standard reference on economic transition in the region for policymakers in Eastern Europe and in western countries, for international agencies concerned with the transition process, and for anyone interested in learning about the dramatic changes that have recently occurred in Eastern Europe.
Download or read book Supply Shock written by Brian Czech and published by New Society Publishers. This book was released on 2013-04-26 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy. Starting with a refreshingly accessible, comprehensive critique of economic growth, the author engages readers in an enormous topic that affects everyone in every country. Publisher's Weekly favorably compared Czech to Carl Sagan for popularizing their difficult subjects; Supply Shock shows why. Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policies for establishing a steady state economy. Supply Shock leaves no doubt that the biggest idea of the 20th century – economic growth – has become the biggest problem of the 21st. Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time for lessening the damages.
Book Synopsis Globalization, Governance and Identity by : Guy Lachapelle
Download or read book Globalization, Governance and Identity written by Guy Lachapelle and published by PUM. This book was released on 2000 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Political Science Association (IPSA) attempted to seek theoretical explanations for the established and emerging forms of political and economic partnerships. This is the result of these efforts, following a roundtable organized by IPSA in Quebec City in 1998.
Book Synopsis 30 Years of Transition in Europe by : Robert Holzmann
Download or read book 30 Years of Transition in Europe written by Robert Holzmann and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thought-provoking book investigates the political and economic transformation that has taken place over the past three decades in Central, Eastern and Southeastern Europe (CESEE) since the fall of the Iron Curtain. Through an examination of both the successes and shortcomings of post communist reform and the challenges ahead for the region, it explores the topical issues of economic transition and integration, and highlights lessons to be learned.
Book Synopsis Central and Eastern Europe by : Regina Cowen Karp
Download or read book Central and Eastern Europe written by Regina Cowen Karp and published by Sipri Monograph. This book was released on 1993 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. The return of history.
Book Synopsis The Privatization Process in East-Central Europe by : Michal Mejstrík
Download or read book The Privatization Process in East-Central Europe written by Michal Mejstrík and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is beyond any doubt that East-Central European countries such as Czech Republic, Hungary, Poland and Slovakia has dramatically changed its shape through its radical transition from centrally planned to the market economies in last 7 years. Many economists divide the process of economic transformation into areas of Stabilization, Liberalization, and Privatization/Restructuring. The traditional view is that stabilization and liberalization can be achieved rather quickly-by balancing budgets, balance of payments, tightening money supply, freeing prices and liberalizing trade-but that the area of privatization is one that could be moved to the future and will require much more time. Until 1991, none of the post-communist nations except former East Germany (which had a large decree of support from West Germany) had succeeded in privatizing large numbers of enterprises, even though more than two years had passed since the changes in government in these nations. The privatization has been, however, seen as an extremely important part of reform package together with stabilization and liberalization especially in the Czech Republic from the very beginning. The Czechs originally as a part of the Czechoslovak Federal Republic embarked on an unprecedented path that should have lead not only to stabilization and liberalization, but also to very rapid, mass privatization of its sector of large enterprises that have dominated its economy to an extreme extent.
Book Synopsis Inflation and Stabilization in Transition Economies by : Ms.Ratna Sahay
Download or read book Inflation and Stabilization in Transition Economies written by Ms.Ratna Sahay and published by International Monetary Fund. This book was released on 1995 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are then compared to those of high inflation market economies. The paper concludes that, despite significant differences in the economic structure and institutional framework, the inflation and stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and lack of fiscal discipline are critical in sustaining inflation, and exchange rate-based anchors seem more successful than money anchors in bringing down inflation. On the other hand, wage policies appear to be more critical in reigning inflation in transition economies than in market economies.
Download or read book Trust in Contemporary Society written by and published by BRILL. This book was released on 2019-07-22 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trust in Contemporary Society, by well-known trust researchers, deals with conceptual, theoretical and social interaction analyses, historical data on societies, national surveys or cross-national comparative studies, and methodological issues related to trust. The authors are from a variety of disciplines: psychology, sociology, political science, organizational studies, history, and philosophy, and from Britain, the United States, the Czech Republic, the Netherlands, Australia, Germany, and Japan. They bring their vast knowledge from different historical and cultural backgrounds to illuminate contemporary issues of trust and distrust. The socio-cultural perspective of trust is important and increasingly acknowledged as central to trust research. Accordingly, future directions for comparative trust research are also discussed. Contributors include: Jack Barbalet, John Brehm, Geoffrey Hosking, Robert Marsh, Barbara A. Misztal, Guido Möllering, Bart Nooteboom, Ken J. Rotenberg, Jiří Šafr, Masamichi Sasaki, Meg Savel, Markéta Sedláčková, Jörg Sydow, Piotr Sztompka.