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The Evolution Of Output In Transition Economies
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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 Institutions, Transition Economies, And Economic Development by : Tim Yeager
Download or read book Institutions, Transition Economies, And Economic Development written by Tim Yeager and published by Routledge. This book was released on 2018-02-07 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
Book Synopsis The 'new Economy' and Economic Growth in Transition Economies by : Marcin Piatkowski
Download or read book The 'new Economy' and Economic Growth in Transition Economies written by Marcin Piatkowski and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transition Economies by : Aleksandr V. Gevorkyan
Download or read book Transition Economies written by Aleksandr V. Gevorkyan and published by Routledge. This book was released on 2018-04-17 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.
Book Synopsis Transition Economics by : Gerard Turley
Download or read book Transition Economics written by Gerard Turley and published by Routledge. This book was released on 2012-07-26 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important aspects of economic transition, including: The initial conditions at the outset of transition Paradigms and patterns of transition The main transition policies and economic reforms The performance of transition countries and firms The lessons from transition The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. Transition Economics: Two Decades On is more than just a book about a particular part of the world or the transformation that was experienced at a particular time in history. The authors believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history.
Book Synopsis Stabilization and Growth in Transition Economies by : Mr.Stanley Fischer
Download or read book Stabilization and Growth in Transition Economies written by Mr.Stanley Fischer and published by International Monetary Fund. This book was released on 1996-04-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former Soviet Union, and Mongolia for the period 1989-1994. Inflation rates have declined significantly in most countries following an inflation stabilization program. Growth resumes after stabilization occurs, typically with a lag of about two years. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of inflation and growth illustrates the key roles of fixed exchange rates, improved fiscal balances, and structural reforms in spurring growth and lowering inflation, and confirms that inflation stabilization programs have been beneficial for growth even after controlling for structural reforms.
Download or read book Circumstance and Choice written by and published by World Bank Publications. This book was released on 1997 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transition and Beyond by : S. Estrin
Download or read book Transition and Beyond written by S. Estrin and published by Springer. This book was released on 2007-08-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.
Book Synopsis The Transition Economies After Ten Years by : Stanley Fischer
Download or read book The Transition Economies After Ten Years written by Stanley Fischer and published by . This book was released on 2000 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many questions about the relative roles played by adverse initial conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes, highlighting the role of exogenous factors and the macroeconomic and structural policies adopted by the countries. We find that both stabilization policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the faster is the speed of reforms, the quicker is the recovery and the higher is growth.
Book Synopsis Economies in Transition by : G. Roland
Download or read book Economies in Transition written by G. Roland and published by Springer. This book was released on 2011-12-13 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twentieth anniversary of the fall of the Berlin Wall saw many reflect on the political, economic and social changes of recent years. The legacy of communism and the economic prospects of post-communist countries are rigorously analysed in this stimulating study of the long term consequences of transition.
Book Synopsis The Evolution of Monetary Policy in Transition Economies by : Ali M. Kutan
Download or read book The Evolution of Monetary Policy in Transition Economies written by Ali M. Kutan and published by . This book was released on 1999 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Institutional Change in Transition Economies by : Michael P. Cuddy
Download or read book Institutional Change in Transition Economies written by Michael P. Cuddy and published by Routledge. This book was released on 2002 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of institutions for transition economies has so far been overlooked. By concentrating on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period, this volume fills a crucial void in the literature.
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 Aggregate Measures of Output in Transition Economies by : Rachael Walker
Download or read book Aggregate Measures of Output in Transition Economies written by Rachael Walker and published by . This book was released on 2000 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transition Economies and Foreign Trade by : Jan Winiecki
Download or read book Transition Economies and Foreign Trade written by Jan Winiecki and published by Routledge. This book was released on 2002-03-28 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most books on transition economies concentrate on their internal fortunes. Few have analysed the effect that the change in the system has had on foreign trade and export performance - this new book redresses that balance.
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 Economic Growth and Structural Features of Transition by : E. Marelli
Download or read book Economic Growth and Structural Features of Transition written by E. Marelli and published by Springer. This book was released on 2010-01-20 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines, theoretically and empirically, the key aspects and differences of economic growth. It provides a comprehensive investigation of the numerous features of development in transition countries, covering the last two decades, from the fall of the Berlin Wall in 1989 to the current financial crisis.
