Establishing Incentive Structures And Planning Agencies That Support Market Oriented Transformations PDF Download
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| Author | : Mr.Peter Isard |
| Publisher | : International Monetary Fund |
| Total Pages | : 16 |
| Release | : 1991-11-01 |
| Genre | : Business & Economics |
| ISBN | : 1451853645 |
Download Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations Book in PDF, ePub and Kindle
This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be accomplished by the market alone. Some type of planning will eventually be required. Ideally, such planning should receive high priority from the outset with clear recognition that durable macroeconomic stabilization will be very difficult to achieve in a democratic political system until the large state enterprises have been successfully transformed or their workers reabsorbed.
| Author | : Michael P. Dooley |
| Publisher | : |
| Total Pages | : 16 |
| Release | : 2006 |
| Genre | : |
| ISBN | : |
Download Establishing Incentive Structures and Planning Agencies that Support Market-Oriented Transformations Book in PDF, ePub and Kindle
This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be accomplished by the market alone. Some type of planning will eventually be required. Ideally, such planning should receive high priority from the outset with clear recognition that durable macroeconomic stabilization will be very difficult to achieve in a democratic political system until the large state enterprises have been successfully transformed or their workers reabsorbed.
| Author | : M. P. Dooley |
| Publisher | : |
| Total Pages | : |
| Release | : 1991 |
| Genre | : |
| ISBN | : |
Download Establishing Incentive Structures and Planning Agencies that Support Market-oriented Transformation Book in PDF, ePub and Kindle
| Author | : Mr.Timothy D. Lane |
| Publisher | : International Monetary Fund |
| Total Pages | : 372 |
| Release | : 1994-06-15 |
| Genre | : Business & Economics |
| ISBN | : 9781557753809 |
Download Building Sound Finance in Emerging Market Economies Book in PDF, ePub and Kindle
The 12 papers in this book, edited by Gerard Caprio, David Folkerts-Landau, and Timothy D. Lane, explore issues in building a financial structure suitable for economies in transition. They cover for main topics: the problem of old and new debts; the development of a sound and efficient payment system; the establishment of an appropriate financial structure; and the importance of credit in the development of the the real economy.
| Author | : Gerard Caprio |
| Publisher | : World Bank Publications |
| Total Pages | : 44 |
| Release | : 1992 |
| Genre | : Bank loans |
| ISBN | : |
Download Reforming Finance in Transitional Socialist Economies Book in PDF, ePub and Kindle
| Author | : P. G. Hare |
| Publisher | : Taylor & Francis |
| Total Pages | : 532 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : 9780415149242 |
Download Transition to the Market Economy Book in PDF, ePub and Kindle
| Author | : International Monetary Fund. Research Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 220 |
| Release | : 1992-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1451956940 |
Download IMF Staff papers, Volume 39 No. 1 Book in PDF, ePub and Kindle
This paper focuses on exchange rate economics. Two main views of exchange rate determination have evolved since the early 1970s: the monetary approach to the exchange rate (in flexible-price, sticky-price, and real interest differential formulations); and the portfolio balance approach. In this paper, the literature on these views is surveyed, followed by a discussion of the empirical evidence and likely future developments in the area of exchange rate determination. The literature on foreign exchange market efficiency, exchange rates and “news,” and international parity conditions is also reviewed.
| Author | : Mr.Timothy D. Lane |
| Publisher | : International Monetary Fund |
| Total Pages | : 50 |
| Release | : 1992-06-01 |
| Genre | : Business & Economics |
| ISBN | : 1451846150 |
Download Market Discipline Book in PDF, ePub and Kindle
Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that capital markets be open, that; information on the borrower’s existing liabilities be readily available, that no bailout be anticipated, and that the borrower respond to market signals. This paper explores the implications of these conditions, and reviews some relevant empirical evidence.
| Author | : Mr.Hugh Bredenkamp |
| Publisher | : International Monetary Fund |
| Total Pages | : 26 |
| Release | : 1993-03-01 |
| Genre | : Business & Economics |
| ISBN | : 1451921071 |
Download Conducting Monetary and Credit Policy in Countries of the Former Soviet Union Book in PDF, ePub and Kindle
This paper surveys some of the principal monetary policy issues facing countries of the former U.S.S.R. The emphasis is on the immediate problem of imposing financial discipline in these economies, to bring down inflation quickly and decisively. Possible options for the essential nominal anchor are considered, together with the problems of selecting appropriate targets and instruments for monetary policy needed to make that anchor effective. It is argued that, if the stabilization effort is to be sustained, discipline must be imposed at the micro- as well as the macro-level, and the paper suggests a second-best approach to the allocation of credit in the absence of well-functioning credit markets.
| Author | : Mario I. Blejer |
| Publisher | : Routledge |
| Total Pages | : 324 |
| Release | : 2002-09-11 |
| Genre | : Business & Economics |
| ISBN | : 1134775296 |
Download Fiscal Policy and Economic Reforms Book in PDF, ePub and Kindle
Following Macroeconomic Dimensions of Public Finance, this is the second volume of essays in honour of Vito Tanzi. It focuses on the importance of fiscal policy on the wholesale economic reforms that are sweeping the advanced, less developed and formally communist countries. Issues analyzed include: * the role of fiscal and budgetary policies in the process of reform * the impact of privatization on the exchequer and the dilemmas for social policy in times of fiscal austerity * the paradox of post-socialism and post-dirigisme that an efficient and harmonic move to a decontrolled, liberal market economy involves active state intervention * the methodological aspects relating to the proper assessment of fiscal policy mechanisms. This collection of essays contributes to the understanding of the channels and transmissions mechanisms of fiscal policies in the context of major economic reforms.
