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The Transition Economies After Ten Years
Fischer, Stanley; Sahay, Ratna - International Monetary Fund (IMF) - 2000
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10005825770
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The transition economies after ten years
Fischer, Stanley; Sahay, Ratna - In: Transition and growth in post-communist countries : the …, (pp. 3-47). 2001
Persistent link: https://www.econbiz.de/10001575922
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The Transition Economies After Ten Years
Fischer, Stanley - 2000
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10014399915
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The Transition Economies After Ten Years
Fischer, Stanley - 2000
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10012471103
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The Transition Economies after Ten Years
Fischer, Stanley; Sahay, Ratna - 2010
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014156715
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The Transition Economies after Ten Years
Fischer, Stanley; Sahay, Ratna - 2003
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014159658
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The Transition Economies after Ten Years
Fischer, Stanley; Sahay, Ratna - 2000
While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014159754
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The Transition Economies after Ten Years
Fischer, Stanley; Sahay, Ratna - 2021
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10013317940
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From transition to market: Evidence and growth prospects
Fischer, Stanley; Sahay, Ratna; Vegh, Carlos - Volkswirtschaftliche Fakultät, … - 1998
This paper presents evidence on the behavior of output and inflation in the transition economies during 1992-95. A …
Persistent link: https://www.econbiz.de/10008636450
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Stabilization and growth in transition economies: The early experience
Fischer, Stanley; Sahay, Ratna; Vegh, Carlos - Volkswirtschaftliche Fakultät, … - 1996
Soviet Union, and Mongolia for the period 1989-1994. Inflation rates have declined significantly in most countries following … an inflation stabilization program. Growth resumes after stabilization occurs, typically with a lag of about two years …. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of …
Persistent link: https://www.econbiz.de/10008636474