Central Bank Autonomy And Inflation And Output Performance In The Baltic States Russia And Other Countries Of The Former Soviet Union 1995 1997
Download Central Bank Autonomy And Inflation And Output Performance In The Baltic States Russia And Other Countries Of The Former Soviet Union 1995 1997 full books in PDF, epub, and Kindle. Read online free Central Bank Autonomy And Inflation And Output Performance In The Baltic States Russia And Other Countries Of The Former Soviet Union 1995 1997 ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Mr.Tonny Lybek |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 1999-01-01 |
Genre | : Business & Economics |
ISBN | : 1451842023 |
A higher degree of de jure autonomy and accountability of the central banks of the Baltic states, Russia, and other countries of the former Soviet Union appears to be positively correlated with lower average inflation. There also seems to be some positive correlation between greater central bank autonomy and higher average real growth, after the initial period of reforms. Central banks with a higher degree of autonomy and accountability have apparently also reformed their operations more aggressively.
Author | : Tonny Lybek |
Publisher | : |
Total Pages | : 44 |
Release | : 1999 |
Genre | : Banks and banking, Central |
ISBN | : |
Author | : Tommy Lybek |
Publisher | : |
Total Pages | : 0 |
Release | : 1999 |
Genre | : |
ISBN | : |
Author | : Tonny LYBEK |
Publisher | : |
Total Pages | : |
Release | : 1999 |
Genre | : |
ISBN | : |
Author | : Mr.Luis Valdivieso |
Publisher | : International Monetary Fund |
Total Pages | : 40 |
Release | : 1999-01-06 |
Genre | : Business & Economics |
ISBN | : 9781557757807 |
This paper discusses the significant overall progress with macro stabilization of these transition countries during 1992-1997. While average inflation declined steadily since 1992, output fell significantly for many of these countries during this period, and it was not unti 1996-97 that as a group they experienced positive growth, financial policies, the current account, competitiveness, debt-and non-debt-creating capital flows, and the initial impact of the Asian crisis.
Author | : Malcolm D. Knight |
Publisher | : International Monetary Fund |
Total Pages | : 184 |
Release | : 1999-05-06 |
Genre | : Business & Economics |
ISBN | : |
In 1991, the Baltics, Russia and other countries of the former Soviet Union set out on the road to establishing market economies by lieberalizing prices, dismantling the instruments of central planning, and initiating a process of fundamental structural reforms. Since then these 15 countries have taken substantial steps toward achieving macroeconomic stabilization, and are well advanced in many areas of the transformation to market economies. In particular, considerable progress has been made in developing market-oriented financial structures. Edited by Malcolm Knight, Arne B. Petersen, and Robert T. Price, this volume focuses more narrowly on progress achieved in the area of market-oriented central bank and financial system reforms.
Author | : Marco Mazzoli |
Publisher | : Rubbettino Editore |
Total Pages | : 126 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9788849812879 |
Author | : Mr. Luis Valdivieso |
Publisher | : International Monetary Fund |
Total Pages | : 38 |
Release | : 1999-01-06 |
Genre | : Business & Economics |
ISBN | : 1452747997 |
This paper discusses the significant overall progress with macro stabilization of these transition countries during 1992-1997. While average inflation declined steadily since 1992, output fell significantly for many of these countries during this period, and it was not unti 1996-97 that as a group they experienced positive growth, financial policies, the current account, competitiveness, debt-and non-debt-creating capital flows, and the initial impact of the Asian crisis.
Author | : Eva Gutiérrez |
Publisher | : |
Total Pages | : 38 |
Release | : 2003 |
Genre | : Banks and banking, Central |
ISBN | : |
Author | : Mr.James Roaf |
Publisher | : International Monetary Fund |
Total Pages | : 72 |
Release | : 2014-10-17 |
Genre | : Business & Economics |
ISBN | : 1498332188 |
The past 25 years have seen a dramatic transformation in Europe’s former communist countries, resulting in their reintegration with the global economy, and, in most cases, major improvements in living standards. But the task of building full market economies has been difficult and protracted. Liberalization of trade and prices came quickly, but institutional reforms—such as governance reform, competition policy, privatization and enterprise restructuring—often faced opposition from vested interests. The results of the first years of transition were uneven. All countries suffered high inflation and major recessions as prices were freed and old economic linkages broke down. But the scale of output losses and the time taken for growth to return and inflation to be brought under control varied widely. Initial conditions and external factors played a role, but policies were critical too. Countries that undertook more front-loaded and bold reforms were rewarded with faster recovery and income convergence. Others were more vulnerable to the crises that swept the region in the wake of the 1997 Asia crisis.