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The Macroeconomics of Price Reform in Socialist Countries

The Macroeconomics of Price Reform in Socialist Countries
Author: Simon Commander
Publisher: World Bank Publications
Total Pages: 50
Release: 1990
Genre: Communist countries
ISBN:

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The macroeconomic consequences of adopting different price rules for adjusting controlled prices in systems where controlled and market prices coexist and the implications of varying the proportions of controlled and market prices.


Economics of Transition

Economics of Transition
Author: Hüsnü Kızılyallı
Publisher: Ashgate Publishing
Total Pages: 616
Release: 1998
Genre: Business & Economics
ISBN:

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In this volume a new forecasting and planning methodology is developed for transforming a socialist, closed and/or mixed economy to a free-market economy. The method assures macroeconomic equilibrium and interalia determines equilibrating (foreign) exchange, wages, rates and so on. Whereas the swith to a free-market system (based on international prices) is immediate, other reforms and restructuring can be made gradual, taking into account political, economic and social constraints. The methodology makes use of existing structures and capital stock during transition, as against complete destruction brought about under big bang approaches. The method gives a good estimate of effects of every reform measure taken, which implies superiority over other forecasting techniques.


Crisis And Reform In Socialist Economies

Crisis And Reform In Socialist Economies
Author: Peter Gey
Publisher: Westview Press
Total Pages: 210
Release: 1987-06-15
Genre: Business & Economics
ISBN:

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Issues in Socialist Economy Reform

Issues in Socialist Economy Reform
Author: Stanley Fischer
Publisher: World Bank Publications
Total Pages: 50
Release: 1990
Genre: Economia de mercado - Paises socialistas
ISBN:

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Industrial Reform in Socialist Countries

Industrial Reform in Socialist Countries
Author: Ian Jeffries
Publisher:
Total Pages: 312
Release: 1992
Genre: Communist countries
ISBN:

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This book provides an assessment and evaluation of industrial reform in 14 countries. Topics covered in detail include the changing role of the industrial enterprise, the state and private sectors, privatization, pricing, foreign trade and direct foreign investment. Emphasis is placed on events since 1989, the year of revolution in Eastern Europe.


Price Liberalization in a Reforming Socialist Economy

Price Liberalization in a Reforming Socialist Economy
Author: Mr.Domenico Fanizza
Publisher: International Monetary Fund
Total Pages: 30
Release: 1992-06-01
Genre: Business & Economics
ISBN: 1451846371

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A bilateral search model of the commodity market is formulated to study the effects of liberalizing prices in a reforming socialist economy. The main result is that if the competitive structure of the economy is not quickly modified to eliminate supply rents, price liberalization may be accompanied by substantial output losses. A role for tax policy in limiting output losses is identified.


Macroeconomic Reform in China

Macroeconomic Reform in China
Author: Jiwei Lou
Publisher: World Bank Publications
Total Pages: 172
Release: 1997-01-01
Genre: Business & Economics
ISBN: 9780821340189

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China is in the throes of two transitions: from a command economy to a market-based one and from a rural, agricultural society to an urban, industrial one. So far, both transitions have been spectacularly successful. China is the fastest-growing economy in the world, with per capita incomes more than quadrupling since 1978, achieving in two generations what took other countries centuries. Although swift growth and structural change have resolved many problems, they also have created new challenges: employment insecurity, growing inequality, stubborn poverty, mounting environmental pressures, rising costs of food self-sufficiency, and periods of macroeconomic instability stemming from incomplete reforms. Unmet, these challenges could undermine the sustainability of growth, and Chinas promise could fade. China 2020, a seven-volume set, examines China's recent history, where it is today, and the path it should follow during the first two decades of the 21st century. The volume in the set entitled, Clear Water, Blue Skies: Chinas Environment in the New Century explores the relationship between economic growth and the environment. Chapters review the harmful effects of all forms of pollution and discuss ways of securing higher environmental living standards. Particular attention is given to urban areas and the impact of pollution on health conditions.


Exchange Rate and the Price Level in Socialist Economies

Exchange Rate and the Price Level in Socialist Economies
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 26
Release: 1990-05-01
Genre: Business & Economics
ISBN: 1451971044

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The paper examines how the evolution from a classical centrally planned economy to a more market-oriented system will enhance the linkage between the exchange rate and the domestic price level. However, during the transition--as the economy continues to be predominantly state-owned, the inherited production structure is only gradually modified, capital and labor mobility are still relatively low and financial discipline is less-than-complete--the elasticity of the domestic price level with respect to a change in the exchange rate, or, to a change in world market prices, may still be lower than in an otherwise comparable market economy.


Economics of Socialism

Economics of Socialism
Author: J. Wilczynski
Publisher: Taylor & Francis
Total Pages: 234
Release: 2024-03-08
Genre: Business & Economics
ISBN: 1003852947

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First published in 1970, Economics of Socialism covers all aspects of socialist economics: planning, profit, production and growth, investment, consumption, labor and land. The author then goes on to discuss pricing, money and banking, fiscal policy and control, and both domestic and foreign trade and international economic cooperation. The book is introduced by a background chapter on the socialist economic system, models of the socialist economy, the reforms, and the new socialist economics. It ends with a singularly objective comparison of socialist and capitalist economies and seeks to answer the question of whether the two systems are indeed converging. The book is based on socialist sources published in the Eastern European countries, which Professor Wilczynski has studied in the original, and which he is able to interpret against a first-hand knowledge of the countries concerned. He also provides a considerable apparatus which will be useful to students: a full glossary of socialist economic terms and extensive references for further reading in English. This is an interesting historical reference work for scholars and researchers of Soviet economics and Russian economics.


The Labor Market and the Transition of Socialist Economies

The Labor Market and the Transition of Socialist Economies
Author: Milan Vodopivec
Publisher: World Bank Publications
Total Pages: 49
Release: 1990
Genre: Arbejdsmarkedet
ISBN:

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One challenge of the transition of socialist economies to multiparty democracy and a market economy will be to reallocate labor while minimizing the social costs of unemployment. Vodopivec identifies the key issues of labor reform and makes policy recommendations.