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Das Gutachten behandelt zunächst die polnische Wirtschaftsentwicklung des Jahres 1988, d.h. die gesamtwirtschaftlichen und sektoralen Ergebnisse sowie die binnen- und außenwirtschaftlichen Probleme. Danach werden die Reformvorstellungen des Jahres 1988 analysiert und insbesondere auf die...
Persistent link: https://www.econbiz.de/10013370413
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
economic liberalization. It seems that the economic authorities have sustained more transformation efforts during 2015 … and accelerating the implementation of institutional transformation, primarily by fostering elimination of existing … administrative mechanisms of inefficient resource allocation. Based on the experience of the CEE countries’ economic transformation …
Persistent link: https://www.econbiz.de/10012230880
external shocks. Overheating is further amplified during economic transformation by market actors adapting to network …
Persistent link: https://www.econbiz.de/10012294011
The current state of Chinese privatization remains deeply flawed. While the initial deferral of state-sector privatization in favor of first creating a marketized, non-state sector was, I argue, an economically wise strategy, the government’s current lethargic response toward solving the...
Persistent link: https://www.econbiz.de/10014176394
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
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
Over the past decade or so, there has been widespread recognition that a large and growing proportion of the global workforce is employed in informal sector enterprises. To explain this, neo-liberals contend that enterprises operate in the informal sector due to high taxes, public sector...
Persistent link: https://www.econbiz.de/10014130746
In the aftermath of sovereign default of August 1998, the hypothesis of virtual economy in Russia developed by Gaddy and Ickes has gained popularity. The hypothesis states that the country has not moved towards free-market economy but developed a system of implicit price subsidization similar to...
Persistent link: https://www.econbiz.de/10014118904
China's high national savings rate-one of the highest in the world-is at the heart of its external/internal imbalances …. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad …. Today, high savings mostly emanate from the household sector, resulting from demographic changes induced by the one …
Persistent link: https://www.econbiz.de/10012895103