Similar Search Results

Financial Sector Reform and Central Banking in Centrally Planned Economies

International Monetary Fund - 1990

, Czechoslovakia, and China. Significant efforts have been made, or are under consideration, in all countries to develop a more …

Persistent link: https://www.econbiz.de/10014395861

The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform : The Case of China

International Monetary Fund - 1989

Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of “indirect” levers to regulate the behavior of...

Persistent link: https://www.econbiz.de/10014396291

Macroeconomic Adjustment and Reform in Planned Economies

International Monetary Fund - 1990

This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually...

Persistent link: https://www.econbiz.de/10014396471

Business Cycle in Czechoslovakia Under Central Planning : Were Credit Shocks Causing it?

Bulir, Ales - 1996

This paper examines credit origins of the business cycle in the former Czechoslovakia. Industrial production is found to be cointegrated with various measures of bank credit during 1976-90 and it is shown that noninvestment credits are Granger-causing industrial production and that a feedback...

Persistent link: https://www.econbiz.de/10014395925

Market-Oriented Reform of Foreign Trade in Planned Economies

International Monetary Fund - 1990

This paper reviews the main features of market-oriented foreign trade reforms in planned economies. It considers reform initiatives aimed at expanding enterprise autonomy and breaking up the state monopoly of foreign trade, modifying the exchange rate system, and reforming the domestic price...

Persistent link: https://www.econbiz.de/10014396296

Budgetary Subsidies in Centrally Planned Economies in Transition

Holzmann, Robert - 1991

This paper analyzes budgetary subsidy policy issues that arise when centrally planned economies move toward a market economy. The analysis suggests that subsidy reduction, to be successful, has to be embedded into an overall economic reform program and that during the program’s execution,...

Persistent link: https://www.econbiz.de/10014396451

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

International Monetary Fund - 1989

This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy leads to the emergence of forces that generate inflation in the uncontrolled...

Persistent link: https://www.econbiz.de/10014396503

Economic Crisis in a Shortage Economy

Osband, Kent - 1991

It is not unusual for reforming socialist economies to relax wage controls without hardening budget constraints on enterprises or freeing consumer goods prices. This policy can be dangerously destabilizing. While higher wages permit workers to purchase more of some goods, they also tend to...

Persistent link: https://www.econbiz.de/10014398407

Enhancing macroeconomic resilience to natural disasters and climate change in the small states of the Pacific

Cabezon, Ezequiel; Hunter, Leni; Tumbarello, Patrizia; … - 2015

Persistent link: https://www.econbiz.de/10011374745

Climate disaster risks : empirics and a multi-phase dynamic model

Mittnik, Stefan; Semmler, Willi; Haider, Alexander - 2019

?ects on the macroecon-omy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to … spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate re-lated disaster …

Persistent link: https://www.econbiz.de/10012102117

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