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This paper examines stabilization policies in Vietnam, Cambodia, and Laos since the late 1980s. Compared with other …
Persistent link: https://www.econbiz.de/10014397811
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014396077
This paper examines the progress made in four Asian transition economies—China, Lao P.D.R., Vietnam, and Mongolia …
Persistent link: https://www.econbiz.de/10014401125
This paper examines China’s reform experience since 1978, reviewing major initiatives taken and assessing their impact on economic structure and their implications for macroeconomic management and stability. It identifies some of the special conditions before and during the reform process that...
Persistent link: https://www.econbiz.de/10014397706
This paper deals with the early stages of transformation of centrally-planned economies (CPEs) into market economies during which expectations play a 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...
Persistent link: https://www.econbiz.de/10014398717
A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are...
Persistent link: https://www.econbiz.de/10014398765
This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment—which is essential...
Persistent link: https://www.econbiz.de/10014403311
This paper examines alternative approaches to building sound financial structures in emerging market economies. The foremost task is to resolve the bad loan problem and to recapitalize insolvent state banks. By restoring an incentive for banks to price accurately the risks of new lending, this...
Persistent link: https://www.econbiz.de/10014396324
The paper develops robust measures of core inflation for Vietnam that can be used in policy making. These core … inflation measures (CIMs) are based on an analytical evaluation of the inflation process in Vietnam, and use a filtering … available, making them valuable tools for the State Bank of Vietnam on an ongoing basis …
Persistent link: https://www.econbiz.de/10011436747
Persistent link: https://www.econbiz.de/10010389478