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Author : Robert Holzmann,Janos Gacs,G. Winckler
Publisher : Unknown
Page : 402 pages
File Size : 43,9 Mb
Release : 2014-01-15
Category : Electronic
ISBN : 9401102848
Author : R. Holzmann,János Gács,G. Winckler
Publisher : Springer Science & Business Media
Page : 386 pages
File Size : 48,9 Mb
Release : 2012-12-06
Category : Political Science
ISBN : 9789401102834
The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp output decline. The fall in real GDP exceeded 20% while real industrial production decreased even by 40%. Output Decline in Eastern Europe aims at providing comprehensive, multi-factor explanations for this unique, painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns of demand. Output Decline in Eastern Europe contains a unique combination of authors from East and West who extensively analyze new data based on country studies. Understanding the causes of recent output decline, the subject matter of this volume may help to assess the prospects for Eastern Europe. The book is addressed to researchers and students as well as interested officials who deal with the transition of formerly centrally planned economies in Central and Eastern Europe.
Author : Mr.Guillermo Calvo,Fabrizio Coricelli
Publisher : International Monetary Fund
Page : 30 pages
File Size : 55,8 Mb
Release : 1992-08-01
Category : Business & Economics
ISBN : 9781451848472
Real bank credit in Eastern European countries after their recent stabilization programs is shown to have fallen sharply, except in the case of Hungary. The meaning of the fall is discussed under the present value and liquidity perspectives. Moreover, it is shown that the hypothesis that output contraction may be partly due to credit contraction cannot be ruled out. The hypothesis is tested on a sample of 85 branches of industry in Poland. The rationale for expecting a connection between credit and output and policy options to attenuate the liquidity crunch in post-socialist economies is also subject to analysis.
Author : Bernhard Müller,Maros Finka,Gerd Lintz
Publisher : Springer Science & Business Media
Page : 274 pages
File Size : 53,9 Mb
Release : 2006-03-30
Category : Science
ISBN : 9783540266952
In the course of the tremendous political and economic upheaval starting in 1989/1990 many industrial cities and regions in Central and Eastern Europe have been confronted with profound problems. This book presents eleven detailed national reports which describe the situation in such cities and regions as well as the strategies which have been employed to cope with structural change. The country reports are complemented by short case studies of selected cities and regions. An introduction gives background to such topics as structural change and the ramifications of EU enlargement. Finally some conclusions are drawn and recommendations offered for future policy.
Author : Henryk Kierzkowski,Edmund S. Phelps,Gylfi Zoega
Publisher : Unknown
Page : 94 pages
File Size : 52,7 Mb
Release : 1994
Category : Europe, Eastern
ISBN : STANFORD:36105017852026
Author : Laszlo Somogyi
Publisher : Edward Elgar Publishing
Page : 400 pages
File Size : 40,7 Mb
Release : 1993-01-01
Category : Business & Economics
ISBN : 1782543945
'This well-produced book is a worthy contribution to the burgeoning literature on the transition. The editor provides a useful introduction.' - Ian Jeffries, The Economic Journal '. . . provides a useful and readable introduction to many of the most important issues in the "transition process".' - Hugo Radice, Economics of Transition Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.
Author : Olivier Blanchard
Publisher : OUP Oxford
Page : 164 pages
File Size : 50,8 Mb
Release : 1997-08-28
Category : Business & Economics
ISBN : 9780191521775
Transition in Central and Eastern Europe has led to a U-shaped response of output: a sharp decline in output followed by recovery. Most of the countries of Central Europe seem now firmly on the upside; most of the countries of Eastern Europe are still close to the bottom of the U: an optimistic view is that they are now negotiating the turn. Olivier Blanchard, a distinguished economist who has worked on transition since its beginning, is one of the first to present a unified analysis of the process of transition. The U-shaped response of output, its causes and its implications, are the subject of this book. The text is split into four chapters. The first reviews the facts; the second focuses on the two basic mechanisms underlying transition: reallocation and restructuring; the third looks more closely at a number of issues, from the interactions between restructuring and privatization to the nature of the labour market in transition; the fourth chapter pulls the material together in an analytical model of transition. This model is then used to discuss policy issues, from the design of privatization to the role of fiscal policy in transition.
Author : Mario I. Bléjer
Publisher : World Bank Publications
Page : 228 pages
File Size : 41,5 Mb
Release : 1993
Category : Business & Economics
ISBN : STANFORD:36105008863735
Author : Olivier Jean Blanchard,Kenneth A. Froot,Jeffrey D. Sachs
Publisher : University of Chicago Press
Page : 288 pages
File Size : 49,8 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9780226056814
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.
Author : Anonim
Publisher : Unknown
Page : 30 pages
File Size : 54,5 Mb
Release : 2006
Category : Electronic
ISBN : OCLC:1291212803
Author : Mr.Ruben V Atoyan,Lone Engbo Christiansen,Allan Dizioli,Mr.Christian H Ebeke,Mr.Nadeem Ilahi,Ms.Anna Ilyina,Mr.Gil Mehrez,Mr.Haonan Qu,Ms.Faezeh Raei,Ms.Alaina P Rhee,Ms.Daria V Zakharova
Publisher : International Monetary Fund
Page : 48 pages
File Size : 49,6 Mb
Release : 2016-07-20
Category : Social Science
ISBN : 9781475576368
This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.
Author : United States. Congress. Joint Economic Committee. Subcommittee on Foreign Economic Policy
Publisher : Unknown
Page : 648 pages
File Size : 50,6 Mb
Release : 1970
Category : Europe, Eastern
ISBN : STANFORD:36105082576773
Author : Daniel Gros,Alfred Steinherr
Publisher : Cambridge University Press
Page : 128 pages
File Size : 49,9 Mb
Release : 2004-03-25
Category : Business & Economics
ISBN : 9781316582947
Analysing the key problems facing the transition countries in Central and Eastern Europe, this accessible book describes the legacy of the central planners, the progress achieved so far and the need for further reforms. It documents the outstanding successes and failures, and analyses why certain approaches to transition have worked and others have not. It tests where transition is over and shows how some countries have graduated from 'transition' to 'integration' through their efforts to join the European Union (EU). It discusses the costs and benefits of the eastern enlargement of the EU. The specific experiences of German unification, the Soviet Union's disintegration, and Russia's complex reforms are examined, as are the specific issues that need to be addressed in the Balkans. The book concludes by indicating how the expanding EU could help the poor performers through inclusion in a continent-wide integrated economic area.
Author : United States. Congress. Joint Economic Committee
Publisher : Unknown
Page : 1456 pages
File Size : 53,6 Mb
Release : 1977
Category : Europe, Eastern
ISBN : MINN:31951D00816678A
Author : Anonim
Publisher : Unknown
Page : 974 pages
File Size : 52,6 Mb
Release : 1981
Category : Europe, Eastern
ISBN : STANFORD:36105119615420
