Stabilization Programs In Eastern Europe

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Stabilization and Reform in Eastern Europe

Author : Mr.Michael Bruno
Publisher : International Monetary Fund
ISBN 13 : 1451844859
Total Pages : 44 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Stabilization and Reform in Eastern Europe by : Mr.Michael Bruno

Download or read book Stabilization and Reform in Eastern Europe written by Mr.Michael Bruno and published by International Monetary Fund. This book was released on 1992-05-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as well as the financial and structural problems associated with bad loan portfolios and sluggish implementation of privatization programs. Substantial success, in varying degrees, has been achieved in the initial macro-stabilization and opening-up effort. At the same time mounting difficulties with fiscal and monetary control may be emerging, as a result of social and political pressures and insufficiently clear policy signals on the micro-issues involving the sharp structural transformation of the productive and financial systems.

The Transition in Eastern Europe, Volume 1

Author : Olivier Jean Blanchard
Publisher : University of Chicago Press
ISBN 13 : 0226056813
Total Pages : 288 pages
Book Rating : 4.2/5 (26 download)

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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.

Stabilization and Privatization in Poland

Author : K. Poznanski
Publisher : Springer Science & Business Media
ISBN 13 : 9401122067
Total Pages : 268 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Stabilization and Privatization in Poland by : K. Poznanski

Download or read book Stabilization and Privatization in Poland written by K. Poznanski and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is the first comprehensive account of Poland's economic transition since mid-1989. Monetary stabilization, trade liberalization (including convertibility) and privatization of state capital assets are discussed. Sources of economic recession which have accompanied the post-1989 transition are analyzed. The role of demand-side factors (i.e. monetary contraction) is weighed against that of supply-side factors (i.e. credit availability). The prevailing view is that the recession has been supply-type rather than demand-type. Economic performance has been impacted by the lack of a proper institutional framework (e.g. a segmented banking sector, diluted property rights). Arguments in favor of evolutionary reforms and market enhancing measures are presented. Stabilization and Privatization examines the main components of Poland's shock therapy program implemented in 1990. Post-shock recession, lasting at least through 1992, is examined to establish whether a sharp decline in output was caused by excessive demand contraction or lack of accommodating credit policies. The merits of an evolutionary approach and a more proactive state are debated.

The Road to Stability and Prosperity in South Eastern Europe

Author :
Publisher : World Bank Publications
ISBN 13 : 9780821347256
Total Pages : 186 pages
Book Rating : 4.3/5 (472 download)

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Book Synopsis The Road to Stability and Prosperity in South Eastern Europe by :

Download or read book The Road to Stability and Prosperity in South Eastern Europe written by and published by World Bank Publications. This book was released on 2000-01-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Report prepared by the Europe and Central Asia Region, World Bank, in close consulation with the International Monetary Fund ... "--P. ix.

The Transition From Command To Market Economies In East-central Europe

Author : Sandor Richter
Publisher : Routledge
ISBN 13 : 1000306488
Total Pages : 339 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Transition From Command To Market Economies In East-central Europe by : Sandor Richter

Download or read book The Transition From Command To Market Economies In East-central Europe written by Sandor Richter and published by Routledge. This book was released on 2019-09-10 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now that the euphoria over political change has died down, the formerly socialist countries of Eastern and Central Europe are facing an economic crisis. The contributors to this well-established annual publication consider the key factors affecting the economic transition process, analyzing possible strategies for successful reform including the use of "shock theory" to accelerate the process. As well as examining various country-specific problems, the authors explore the status of the Central European countries seeking integration with the European Economic Community, and ask whether all the former socialist countries might do well to adopt some of the economic development strategies used so successfully by the nations of Southeast Asia.

Stabilization and Structural Adjustment in Poland

Author : Henryk Kierzkowski
Publisher : Routledge
ISBN 13 : 1135091684
Total Pages : 329 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Stabilization and Structural Adjustment in Poland by : Henryk Kierzkowski

Download or read book Stabilization and Structural Adjustment in Poland written by Henryk Kierzkowski and published by Routledge. This book was released on 2013-04-15 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.

Social Currents in Eastern Europe

Author : Sabrina P. Ramet
Publisher : Duke University Press
ISBN 13 : 9780822315483
Total Pages : 620 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Social Currents in Eastern Europe by : Sabrina P. Ramet

Download or read book Social Currents in Eastern Europe written by Sabrina P. Ramet and published by Duke University Press. This book was released on 1995 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the meanings and sources of various social currents - intellectual dissent, feminism, religious activism, the formation of independent youth cultures and movements, and trade unionism - in seven communist countries.

Skills, Not Just Diplomas

Author : Lars Sondergaard
Publisher : World Bank Publications
ISBN 13 : 0821380966
Total Pages : 273 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Skills, Not Just Diplomas by : Lars Sondergaard

Download or read book Skills, Not Just Diplomas written by Lars Sondergaard and published by World Bank Publications. This book was released on 2012 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future growth in the countries in Eastern Europe and Central Asia (ECA) will increasingly depend on innovation. And innovation requires skills. This makes it important, as countries plan for recovery, to undertake reforms to reduce the skills shortages that the previous growth episode exposed. Education systems have a very important role to play in creating the right skills. But education systems in the region fall short of the demands of their economies in two major ways. The first is that despite high levels of enrollment they do not produce enough graduates with the right skills. Students graduate with diplomas, not with skills, because the quality of the education for many students is poor. In large part this is because education systems remain focused on providing an excellent education to a few at the expense of improving the quality of learning for the majority. Moreover, the systems are still making the transition from teaching the basics to inculcating higher order skills such as critical-thinking and problem solving. The second way in which education systems fall short is that outside of a few countries in the EU there are few opportunities for adults to retrain, or acquire new skills. This book argues that generating more of the right skills requires a fundamental change of approach in the education systems in the region so that they aim for, and deliver, higher quality education for the vast majority of students (not just diplomas but skills). To start with, education systems need to turn the lights on and take seriously the measurement of what students actually learn as opposed to measurement of the inputs into the education process on the implicit assumption that learning follows. Policy makers also need to move away from the focus on inputs and processes and increase the emphasis on incentives.

Reform in Eastern Europe

Author : Olivier J. Blanchard
Publisher : MIT Press
ISBN 13 : 9780262521819
Total Pages : 130 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Reform in Eastern Europe by : Olivier J. Blanchard

Download or read book Reform in Eastern Europe written by Olivier J. Blanchard and published by MIT Press. This book was released on 1993-01-29 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive report identifies and describes the major policy choices to be made and discusses what will work and what will not.

Eu's Eastward Enlargement, The: Central And Eastern Europe's Strategies For Development

Author : Yoji Koyama
Publisher : World Scientific
ISBN 13 : 9814602477
Total Pages : 428 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Eu's Eastward Enlargement, The: Central And Eastern Europe's Strategies For Development by : Yoji Koyama

Download or read book Eu's Eastward Enlargement, The: Central And Eastern Europe's Strategies For Development written by Yoji Koyama and published by World Scientific. This book was released on 2014-12-09 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Owing to the global financial crisis of 2007-2009 and subsequently the Eurozone crisis, the accession of Central and Eastern European countries to the European Union and the Eurozone has not been an easy one. The EU's Eastward Enlargement analyses challenges that these countries currently face in their pursuit of economic self-reliance. Covering a period from the second half of the 1980s to the present, Yoji Koyama provides unique and objective analyses of the European Union and the Euro system from a non-European's perspective. He offers a detailed reexamination of the fundamental problems of the European Union, which in turn have affected the autonomous development of countries such as Poland, the former Yugoslavia, Albania, and the Baltic States. This book is a useful addition to the scholarship available on the Euro system and Central and Eastern European countries. It will help readers gain a more holistic understanding of the ongoing Eurozone crisis and the future of the Eurozone project.

The Political Economy of Dual Transformations

Author : David L. Bartlett
Publisher : University of Michigan Press
ISBN 13 : 0472023306
Total Pages : 316 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis The Political Economy of Dual Transformations by : David L. Bartlett

Download or read book The Political Economy of Dual Transformations written by David L. Bartlett and published by University of Michigan Press. This book was released on 2010-05-06 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1990s, scholars voiced skepticism about the capacity of Eastern Europe's new democracies to manage simultaneous political and economic reform. They argued that the surge of popular participation following democratization would thwart efforts by successor governments to enact market reforms that imposed high costs on major elements of post-Communist society. David Bartlett challenges the conventional wisdom regarding the hazards of "dual transformations": far from hindering marketization, democratization facilitated it. Bartlett argues that the transition to democracy in East Central Europe lowered the political barriers to market reforms by weakening the ability of actors most vulnerable to marketization to manipulate the existing institutional structure to stop or slow down the process. Although the analysis focuses on Hungary, whose long history of market reforms makes it an ideal vehicle for assessing the impact of institutional change on reform policy, the author shows how his findings call into question the use of "shock therapy" and arguments, based on the experience in East Asia, that economic development and democratization are incompatible. This book will appeal to economists, political scientists, and others interested in transition problems in formerly communist countries, democratic transitions, and the politics of stabilization and adjustment. David L. Bartlett is Assistant Professor of Political Science, Vanderbilt University.

Parliamentary Responsibility for Economic Transition in Central and Eastern Europe

Author :
Publisher :
ISBN 13 :
Total Pages : 246 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Parliamentary Responsibility for Economic Transition in Central and Eastern Europe by :

Download or read book Parliamentary Responsibility for Economic Transition in Central and Eastern Europe written by and published by . This book was released on 1996 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Reforms in Eastern Europe

Author : Kanhaya Gupta
Publisher : Routledge
ISBN 13 : 1134706626
Total Pages : 220 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Financial Reforms in Eastern Europe by : Kanhaya Gupta

Download or read book Financial Reforms in Eastern Europe written by Kanhaya Gupta and published by Routledge. This book was released on 2006-08-21 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a model which simulates the effects of financial reforms in transitional economies, which is then applied to Poland for a variety of policy simulations. The authors develop models for households, commerical banks and firms, expanding their enquiry into the government sector, the central banking sector, the external sector and finally the supply side. These sub-sector models explicitly incorporate institutional features specific to the Polish economy. The estimated model is used to simulate the effects of a wide array of financial policies introduced in Poland, and these results are then used to assess the effectiveness of the policies analyzed. This timely and authoritative study sheds new light on how a country's overall economic system responds when it pursues a 'big-bang' approach to marketization.

The Last Shall Be the First: The East European Financial Crisis

Author : Anders Åslund
Publisher : Peterson Institute
ISBN 13 : 0881326178
Total Pages : 137 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis The Last Shall Be the First: The East European Financial Crisis by : Anders Åslund

Download or read book The Last Shall Be the First: The East European Financial Crisis written by Anders Åslund and published by Peterson Institute. This book was released on 2010 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Central and East European Politics

Author : Zsuzsa Csergo
Publisher : Rowman & Littlefield
ISBN 13 : 1538142813
Total Pages : 643 pages
Book Rating : 4.5/5 (381 download)

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Book Synopsis Central and East European Politics by : Zsuzsa Csergo

Download or read book Central and East European Politics written by Zsuzsa Csergo and published by Rowman & Littlefield. This book was released on 2021-06-22 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in a fully revised and updated edition, this essential text provides a comprehensive introduction to Central and Eastern Europe, including the Baltics and Ukraine. Broad but nuanced, it offers a reader-friendly overview of the globally and regionally significant changes and challenges the region faces. Divided into two parts, the book first presents thematic chapters on key issues, including nationalism and challenges to democratic institutions and practices, the contentious politics of memory, debates over demography and migration in a region with a shrinking population, and Russian efforts to retain regional influence through hard and soft power. The case-study chapters that follow highlight key political developments after communism as well as providing a strong foundation for readers on regional history and the political and economic experiences of the communist years. Each covers the foundational topics of political history, political competition, economic development, social problems, relationships with European institutions, and threats to good governance. For students and specialists alike, this book will be an invaluable resource on this dynamic region of Europe.

Privatisation and Its Limits in Central and Eastern Europe

Author : H. Engerer
Publisher : Springer
ISBN 13 : 0230523005
Total Pages : 329 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Privatisation and Its Limits in Central and Eastern Europe by : H. Engerer

Download or read book Privatisation and Its Limits in Central and Eastern Europe written by H. Engerer and published by Springer. This book was released on 2001-06-18 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hella Engerer analyses the emergence, evolution and theory of property rights and establishes the limits for privatization of state owned enterprises in the transitional economies of Eastern Europe. She counters the assumption that reduction of the state sector helps to create the basis for a private property system, showing that privatization actually presupposes a stable framework including property order. She makes use of an outstanding methodological approach, reaching well beyond the limits of pure economic observation. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.

Central and East European Politics

Author : Sharon L. Wolchik
Publisher : Rowman & Littlefield
ISBN 13 : 1442224223
Total Pages : 567 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Central and East European Politics by : Sharon L. Wolchik

Download or read book Central and East European Politics written by Sharon L. Wolchik and published by Rowman & Littlefield. This book was released on 2014-12-24 with total page 567 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now fully updated, this text explores the post-communist half of Europe along with the problems and potential it brings, offering an authoritative and up-to-date analysis of the transformations in today’s Central and Eastern Europe, the Baltics, and Ukraine.