Recovery and Growth in Transition Economies 1990–97

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Author :
Publisher : International Monetary Fund
ISBN 13 : 145192836X
Total Pages : 38 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Recovery and Growth in Transition Economies 1990–97 by : International Monetary Fund

Download or read book Recovery and Growth in Transition Economies 1990–97 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-09-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.

Recovery and Growth in Transition Economies 1990-1997

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Author :
Publisher : International Monetary Fund
ISBN 13 : 145190133X
Total Pages : 39 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Recovery and Growth in Transition Economies 1990-1997 by : International Monetary Fund

Download or read book Recovery and Growth in Transition Economies 1990-1997 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-09-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.

Recovery and Growth in Transition Economies 1990-97

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Author :
Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Recovery and Growth in Transition Economies 1990-97 by : Oleh Havrylyshyn

Download or read book Recovery and Growth in Transition Economies 1990-97 written by Oleh Havrylyshyn and published by . This book was released on 2006 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the determinants of growth in 25 transition economies during 1990-97. The paper`s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.

Recovery and Growth in Transition Economies 1990-1970

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)

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Book Synopsis Recovery and Growth in Transition Economies 1990-1970 by : O. Havrelyshyn

Download or read book Recovery and Growth in Transition Economies 1990-1970 written by O. Havrelyshyn and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regional Economic Issues--Special Report 25 Years of Transition

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Publisher : International Monetary Fund
ISBN 13 : 1498332188
Total Pages : 72 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Regional Economic Issues--Special Report 25 Years of Transition by : Mr.James Roaf

Download or read book Regional Economic Issues--Special Report 25 Years of Transition written by Mr.James Roaf and published by International Monetary Fund. This book was released on 2014-10-17 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past 25 years have seen a dramatic transformation in Europe’s former communist countries, resulting in their reintegration with the global economy, and, in most cases, major improvements in living standards. But the task of building full market economies has been difficult and protracted. Liberalization of trade and prices came quickly, but institutional reforms—such as governance reform, competition policy, privatization and enterprise restructuring—often faced opposition from vested interests. The results of the first years of transition were uneven. All countries suffered high inflation and major recessions as prices were freed and old economic linkages broke down. But the scale of output losses and the time taken for growth to return and inflation to be brought under control varied widely. Initial conditions and external factors played a role, but policies were critical too. Countries that undertook more front-loaded and bold reforms were rewarded with faster recovery and income convergence. Others were more vulnerable to the crises that swept the region in the wake of the 1997 Asia crisis.

The Evolution of Output in Transition Economies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451849443
Total Pages : 82 pages
Book Rating : 4.4/5 (518 download)

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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.

Resources, Production and Structural Dynamics

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1107079098
Total Pages : 521 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Resources, Production and Structural Dynamics by : Mauro L. Baranzini

Download or read book Resources, Production and Structural Dynamics written by Mauro L. Baranzini and published by Cambridge University Press. This book was released on 2015-04-30 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth.

Transition, the First Ten Years

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Publisher : World Bank Publications
ISBN 13 : 9780821350386
Total Pages : 164 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis Transition, the First Ten Years by : Pradeep Mitra

Download or read book Transition, the First Ten Years written by Pradeep Mitra and published by World Bank Publications. This book was released on 2002 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The wide variation in transition economies raises questions about differences in economic growth, the applicability of transition policies, and the advantages of economic reform. This report seeks to answer these questions.

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821339947
Total Pages : 256 pages
Book Rating : 4.3/5 (399 download)

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Book Synopsis Income, Inequality, and Poverty During the Transition from Planned to Market Economy by : Branko Milanovi?

Download or read book Income, Inequality, and Poverty During the Transition from Planned to Market Economy written by Branko Milanovi? and published by World Bank Publications. This book was released on 1998 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

Transition Economics

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Publisher : Routledge
ISBN 13 : 1136909087
Total Pages : 506 pages
Book Rating : 4.1/5 (369 download)

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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.

IMF Staff papers, Volume 46 No. 3

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Publisher : International Monetary Fund
ISBN 13 : 1451973683
Total Pages : 104 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis IMF Staff papers, Volume 46 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 46 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1999-01-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines determinants and leading indicators of banking crises. The paper examines episodes of banking system distress and crisis in a large sample of countries to identify which macroeconomic and financial variables can be useful leading indicators. The best warning signs of the recent Asian crises were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be associated more with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.

The World Bank Research Observer

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Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unemployment in Transition

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Publisher : Routledge
ISBN 13 : 1134436335
Total Pages : 244 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Unemployment in Transition by : Janice Bell

Download or read book Unemployment in Transition written by Janice Bell and published by Routledge. This book was released on 2013-09-13 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of open unemployment is an unavoidable consequence of postcommunist transition. Some countries-notably in the former Soviet Union-initially slowed economic contraction. But in the longer run slower reformers have generally sustained deeper and more prolonged recessions than faster reforming central European countries. Moreover, the initially low unemployment rates in the former Soviet Union are now rising, and may stabilise at higher post-transition equilibrium rates than in Central Europe.

Compliance with IMF Program Indicators and Growth in Transition Economies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451846630
Total Pages : 30 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Compliance with IMF Program Indicators and Growth in Transition Economies by : Ms.Valerie Mercer-Blackman

Download or read book Compliance with IMF Program Indicators and Growth in Transition Economies written by Ms.Valerie Mercer-Blackman and published by International Monetary Fund. This book was released on 2000-03-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper makes use of the IMF’s Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs tend to show a better performance on recovery and growth. It is not possible to determine a clear-cut relationship between the index that determines the level of compliance with structural benchmarks in IMF programs and growth. However, the paper finds a definite, positive relationship between the index of compliance with performance criteria and growth, even after controlling for the extent of stabilization of the transition countries.

World Economic Outlook, October 2013

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Publisher : International Monetary Fund
ISBN 13 : 1484348834
Total Pages : 657 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis World Economic Outlook, October 2013 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, October 2013 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2013-10-08 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.

A Decade of Transition

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Publisher : International Monetary Fund
ISBN 13 : 9781589060135
Total Pages : 292 pages
Book Rating : 4.0/5 (61 download)

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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?

The Evolution of Output in Transition Economies

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Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Evolution of Output in Transition Economies by : Andrew Berg

Download or read book The Evolution of Output in Transition Economies written by Andrew Berg and published by . This book was released on 1999 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to account for both the common transition experience in the time dimension i.e. the U-shaped output profile and the considerable cross-country differences in output paths in terms of three main groups of exlanatory factors.