Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies

Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies
Author: Mario I. Blejer
Publisher: Springer Science & Business Media
Total Pages: 501
Release: 2007-08-23
Genre: Business & Economics
ISBN: 0585313466

Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of studies dealing with the different issues related to the liberalization of external relations in economies moving from a socialist to a market-based system The focus is on external sector developments, and the topics deal with balance of payments conditions, exchange rate policies and regimes, international competitiveness, international capital flows, trade, and other matters related to the integration of transition economies into the world economy. An understanding of the principles involved and of the experiences of both transition and advanced economies during this process is crucial to ensure its ultimate success. Written by internationally recognized scholars, the chapters cover these issues in a systematic manner. The first section treats current account developments, capital flows, and exchange rate policies in transition countries, the second section deals with specific issues related to international trade, and the final section consists of six specific country experiences. In this final section, a chapter dealing with the Russian Federation discusses the collapse of the ruble in August 1998.

Deficit and Debt in Transition

Deficit and Debt in Transition
Author: Istvan Benczes
Publisher: Central European University Press
Total Pages: 245
Release: 2014-09-01
Genre: Business & Economics
ISBN: 963386058X

The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries? public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known ?Western? political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies. ÿ

Proceedings of MAC-MME 2016

Proceedings of MAC-MME 2016
Author: group of authors
Publisher: MAC Prague consulting
Total Pages: 305
Release: 2016-12-07
Genre: Business & Economics
ISBN: 8088085101

The conference proceedings - Multidisciplinary Academic Conference on Management, Marketing and Economics, Czech Republic, Prague (MAC-MME 2016)

Money, Banking and Financial Markets in Central and Eastern Europe

Money, Banking and Financial Markets in Central and Eastern Europe
Author: R. Matousek
Publisher: Springer
Total Pages: 299
Release: 2015-12-04
Genre: Business & Economics
ISBN: 0230302211

This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.

Slovenia

Slovenia
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 77
Release: 2000-05-10
Genre: Business & Economics
ISBN: 145183568X

The Bank of Slovenia (BoS) officially pursues a policy aimed at lowering inflation to European levels and maintaining the stability of the currency. Since 1997, the intermediate target of the BoS has been the growth of the broad monetary aggregate M3 (defined as the daily average of the last quarter of the year relative to the same period last year). During 1995–98, to limit the impact of large inflows of foreign capital on the domestic economy and achieve its monetary targets, the BoS has resorted to heavy capital controls.