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Economic Growth Cycles In The Centrally Planned Economies
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Book Synopsis Economic Growth Cycles in the Centrally Planned Economies by : Grzegorz W. Kołodko
Download or read book Economic Growth Cycles in the Centrally Planned Economies written by Grzegorz W. Kołodko and published by . This book was released on 1986 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Growth Cycles in Centrally Planned Economies: an Empirical Test by : Oldřich Kýn
Download or read book Growth Cycles in Centrally Planned Economies: an Empirical Test written by Oldřich Kýn and published by . This book was released on 1979 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Economic History of Twentieth-Century Europe by : Ivan T. Berend
Download or read book An Economic History of Twentieth-Century Europe written by Ivan T. Berend and published by Cambridge University Press. This book was released on 2006-04-20 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
Book Synopsis Life Cycle of the Centrally Planned Economy by : Vladimir Popov
Download or read book Life Cycle of the Centrally Planned Economy written by Vladimir Popov and published by . This book was released on 2012 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The highest rates of growth of labor productivity in the Soviet Union were observed not in the 1930s (3% annually), but in the 1950s (6%). The TFP growth rates by decades increased from 0.6% annually in the 1930s to 2.8% in the 1950s and then fell monotonously becoming negative in the 1980s. The decade of 1950s was thus the golden period of Soviet economic growth. The patterns of Soviet growth of the 1950s in terms of growth accounting were very similar to the Japanese growth of the 1950s-70s and to Korean and Taiwanese growth in the 1960-80s - fast increases in labor productivity counterweighted the decline in capital productivity, so that the TFP increased markedly. However, high Soviet economic growth lasted only for a decade, whereas in East Asia it continued for three to four decades, propelling Japan, South Korea and Taiwan into the ranks of developed countries. This paper offers an explanation for the inverted U-shaped trajectory of labor productivity and TFP in centrally planned economies (CPEs). It is argued that CPEs under-invested into the replacement of the retiring elements of the fixed capital stock and over-invested into the expansion of production capacities. The task of renovating physical capital contradicted the short-run goal of fulfilling plan targets, and therefore Soviet planners preferred to invest in new capacities instead of upgrading the old ones. Hence, after the massive investment of the 1930s in the USSR, the highest productivity was achieved after the period equal to the average service life of fixed capital stock (about 20 years) - before there emerged a need for the massive investment into replacing retirement. Afterwards, the capital stock started to age rapidly reducing sharply capital productivity and lowering labor productivity and TFP growth rates.
Download or read book Building Cycles written by Richard Barras and published by John Wiley & Sons. This book was released on 2009-08-13 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economic crisis of 2008 was precipitated by a housing market crash, thus highlighting the destabilizing influence of the property cycle upon the wider economy. This timely book by a world authority explores why cycles occur and how they affect the behaviour of real estate markets. The central argument put forward is that growth and instability are inextricably linked, and that building investment acts both as a key driver of growth and as the source of the most volatile cyclical fluctuations in an economy. The role of building cycles in both economic growth and urban development is explored through a theoretical review and a comparative historical analysis of UK and US national data stretching back to the start of the nineteenth century, together with a case study of the development of London since the start of the eighteenth century. A simulation model of the building cycle is presented and tested using data for the City of London office market. The analysis is then broadened to examine the operation of property cycles in global investment markets during the post-war period, focussing on their contribution to the diffusion of innovation, the accumulation of wealth and the propagation of market instability. Building Cycles: growth & instability concludes by synthesizing the main themes into a theoretical framework, which can guide our understanding of the operation and impact of building cycles on the modern economy. Postgraduate students on courses in property and in urban development as well as professional property researchers, urban economists and planners will find this a stimulating read – demanding but accessible.
Book Synopsis Life Cycle of the Centrally Planned Economy by : Vladimir V. Popov
Download or read book Life Cycle of the Centrally Planned Economy written by Vladimir V. Popov and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Stability and Growth in Centrally Planned Economies by : James Whitney Picht
Download or read book Stability and Growth in Centrally Planned Economies written by James Whitney Picht and published by . This book was released on 1992 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Theory of Investment Cycles in the Centrally Planned Economies by : Leon Podkaminer
Download or read book Theory of Investment Cycles in the Centrally Planned Economies written by Leon Podkaminer and published by . This book was released on 1989 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cyclical Growth in Market and Planned Economies by : Claude Hillinger
Download or read book Cyclical Growth in Market and Planned Economies written by Claude Hillinger and published by Oxford University Press, USA. This book was released on 1992 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive approach for analysing and explaining economic fluctuations developed by the editor and his associates at the University of Munich over the last two decades. The approach is distinct from both Keynesianism and Real Business Cycle Theory--the dominant macroeconomic paradigms of recent decades, and is representative of an alternative: the Disequilibrium Theory of Cyclical Growth. Following the methodology of the natural sciences, the book emphasizes the need for determining the stylized facts of economic fluctuations independently of the explanatory models. New methods for analysing short economic time series are employed.
Book Synopsis Socialist Economic Growth and Political Investment Cycles by : Heng-fu Zou
Download or read book Socialist Economic Growth and Political Investment Cycles written by Heng-fu Zou and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment rates in China have often been highest under leftist (hardline) political regimes, not rightist (softline) political regimes.
Book Synopsis Globalization and Catching-up by : Grzegorz W. Kołodko
Download or read book Globalization and Catching-up written by Grzegorz W. Kołodko and published by International Monetary Fund. This book was released on 2000 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Frontiers of Business Cycle Research by : Thomas F. Cooley
Download or read book Frontiers of Business Cycle Research written by Thomas F. Cooley and published by Princeton University Press. This book was released on 1995-02-26 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t
Book Synopsis Economic Growth and Business Cycles by : Paolo Sylos Labini
Download or read book Economic Growth and Business Cycles written by Paolo Sylos Labini and published by Edward Elgar Publishing. This book was released on 1993 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this study, Professor Sylos Labini offers an analysis of growth that is at once theoretical, historical and statistical. The central aim of neo-classical economics has been to discover the equilibrium values of prices, incomes, employment and production. This text by contrast, seeks to understand the logic behind the movement of these quantities over time.
Book Synopsis Foreign Exchange Value of the Dollar by :
Download or read book Foreign Exchange Value of the Dollar written by and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Empirics of Economic Growth in Previsiously Centrally Planned Economies by : Edward E. Leamer
Download or read book The Empirics of Economic Growth in Previsiously Centrally Planned Economies written by Edward E. Leamer and published by . This book was released on 1994 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Slowdown written by András Bródy and published by SAGE Publications Pvt. Limited. This book was released on 1985-05 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a critical discussion of traditional growth models, esp. those of Kalecki, Harrod and Domar, argues that present slowdown of economic growth is not temporary and that continued deceleration in growth and economic stagnation can be expected over the next twenty years. Questions the validity of Keynesian economics and of economic models based on national income accounts.
Book Synopsis From Centrally-planned to Market Economies by : Guillermo A. Calvo
Download or read book From Centrally-planned to Market Economies written by Guillermo A. Calvo and published by . This book was released on 1991 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper deals with the early stages of transformation of centrally-planned economies (CBEs) into market economies during which expectations playa key role. It focuses on the transitional phase during which the economy is not any more a CPE but has not yet become a market economy. During this phase the economy is referred to as a 'previously centrally-planned economy" (PCPE). A simple model is developed to analyze the consequences of expected price liberalization. The model highlights the anticipatory character of economic behavior during the early stages of the transformation process. A major focus is given to credit markets. The CPEs undergoing transformation lack depth and breadth of financial markets. The lack of information necessary to assess risk and creditworthiness complicates the conduct of credit polity. The analysis illustrates the benefits of an early development of such markets, and of finding appropriate ways to "clean" the balance sheets of enterprises and banks from bad loans. It demonstrates the cost of a fine-tuning strategy and the benefits from a quick implementation of price reform. The paper also examines alternative means to reduce 'liquidity overhang," and shows that all involve taxation of one form or another. The consequences of privatization are analyzed and the benefits of an early development of an effective tax system highlighted