Historical Dictionary of Ukraine

Historical Dictionary of Ukraine
Author: Ivan Katchanovski
Publisher: Scarecrow Press
Total Pages: 970
Release: 2013-07-11
Genre: History
ISBN: 081087847X

Although present-day Ukraine has only been in existence for something over two decades, its recorded history reaches much further back for more than a thousand years to Kyivan Rus’. Over that time, it has usually been under control of invaders like the Turks and Tatars, or neighbors like Russia and Poland, and indeed it was part of the Soviet Union until it gained its independence in 1991. Today it is drawn between its huge neighbor to the east and the European Union, and is still struggling to choose its own path… although it remains uncertain of which way to turn. Nonetheless, as one of the largest European states, with considerable economic potential, it is not a place that can be readily overlooked. The problem is, or at least was, where to find information on this huge modern Ukraine, and since 2005 the answer has been the Historical Dictionary of Ukraine in its first edition, and now even more so with this second edition. It now boasts a dictionary section of about 725 entries, these covering the thousand years of history but particularly the recent past, and focusing on significant persons, places and events, political parties and institutions as well as more broadly international relations, the economy, society and culture. The chronology permits readers to follow this history and the introduction is there to make sense of it. It also features the most extensive and up-to-date bibliography of English-language writing on Ukraine.

Optimization Models in a Transition Economy

Optimization Models in a Transition Economy
Author: Ivan V. Sergienko
Publisher: Springer
Total Pages: 341
Release: 2014-12-11
Genre: Mathematics
ISBN: 1489975446

This book opens new avenues in understanding mathematical models within the context of a transition economy. The exposition lays out the methods for combining different mathematical structures and tools to effectively build the next model that will accurately reflect real world economic processes. Mathematical modeling of weather phenomena allows us to forecast certain essential weather parameters without any possibility of changing them. By contrast, modeling of transition economies gives us the freedom to not only predict changes in important indexes of all types of economies, but also to influence them more effectively in the desired direction. Simply put: any economy, including a transitional one, can be controlled. This book is useful to anyone who wants to increase profits within their business, or improve the quality of their family life and the economic area they live in. It is beneficial for undergraduate and graduate students specializing in the fields of Economic Informatics, Economic Cybernetics, Applied Mathematics and Large Information Systems, as well as for professional economists, and employees of state planning and statistical organizations.

Monetary Policy and Inflation Dynamics in ASEAN Economies

Monetary Policy and Inflation Dynamics in ASEAN Economies
Author: Geraldine Dany-Knedlik
Publisher: International Monetary Fund
Total Pages: 37
Release: 2018-06-21
Genre: Business & Economics
ISBN: 1484363043

This paper investigates the evolution of inflation dynamics in the five largest ASEAN countries between 1997 and 2017. To account for changes in the monetary policy frameworks since the Asian Financial Crisis (AFC), the analysis is based on country-specific Phillips curves allowing for time-varying parameters. The paper finds evidence of a higher degree of forward-looking dynamics and a better anchoring of inflation expectations, consistent with the improvements in monetary policy frameworks in the region. In contrast, the quantitative impact of cyclical fluctuations and import prices has gradually diminished over time.

Determinants of Inflation in a Transition Economy

Determinants of Inflation in a Transition Economy
Author: Mr.Bogdan Lissovolik
Publisher: International Monetary Fund
Total Pages: 37
Release: 2003-06-01
Genre: Business & Economics
ISBN: 1451854927

This paper examines determinants of inflation in Ukraine during 1993-2002 in a cointegrating framework. Two basic theoretical models-a markup and a money market model-are tested. While broad money is cointegrated with the CPI for the whole sample and for early subsamples, the cointegration ceases to be statistically significant between 1996-2002, in part because of strong remonetization. The mark-up model offers a more consistent and well-fitting overall framework for 1996-2002 data, pointing inter alia to a greater role of administered prices in the CPI within a fairly mainstream inflation process. The "long-term" monetary transmission mechanism operates through the exchange rate and wages, but broad money clearly enters short-term inflation determinants. Prudent macroeconomic policies, grain harvests, and administrative decisions explain the sharp decline of inflation over 2000-2002.

Disinflation in Transition Economies

Disinflation in Transition Economies
Author: Ms.Sharmini Coorey
Publisher: International Monetary Fund
Total Pages: 98
Release: 1996-12-01
Genre: Business & Economics
ISBN: 1451930062

In light of the persistence of moderate inflation in many transition economies, this paper analyzes whether inflation resulted from insufficiently tight financial policies and wage pressures or from the protracted adjustment of relative prices. Using a new database for 21 countries, the effect of relative price variability on inflation is estimated within a framework controlling for nominal and real shocks. Money and wage growth were the most important determinants of inflation; relative price variability had a sizable effect at high inflation during initial liberalization and a small effect at moderate inflation. Cost recovery may contribute to variability, particularly in the advanced stages of the transition.

The Periphery of the Euro

The Periphery of the Euro
Author: Philippe De Lombaerde
Publisher: Routledge
Total Pages: 389
Release: 2017-11-30
Genre: Business & Economics
ISBN: 1351145878

This book analyzes the monetary and exchange rate policies in Eastern European countries not covered by the current EU enlargement process. Specifically the book examines the major CIS countries: Belarus, Kazakhstan, Russia and the Ukraine. (The new Eastern European EU members are also frequently referenced for comparison purposes.) Current and prospective monetary policy options are considered and the applicability of the EU monetary integration experience for the CIS countries and the prospects of a monetary re-unification around the Russian Federation are assessed. This is the first book to formally deal with many of these questions.

Paraguay

Paraguay
Author: Alejandro Santos
Publisher: International Monetary Fund
Total Pages: 334
Release: 2009-12-07
Genre: Business & Economics
ISBN: 1589068521

Paraguay: Addressing the Stagnation and Instability Trap provides an overview of the analytical insights and policy challenges that a country faces while on the path to sustained growth with stability. It covers a wide range of themes, including improving macroeconomic assessments and policy implementation, eliminating turbulence and deepening financial reforms, and, most important of all, enhancing growth performance and reducing poverty. This book provides useful guidance for policymakers by examining the improvements in policy implementation in Paraguay since the regional crisis of 2002. The chapters discuss how to correct economic imbalances and institutional shortcomings in the context of an economic reform program. The results have been impressive with the Paraguayan economy experiencing the highest growth in a quarter of a century and the strongest financial system in decades.

Decomposing the Inflation Dynamics in the Philippines

Decomposing the Inflation Dynamics in the Philippines
Author: Mr.Si Guo
Publisher: International Monetary Fund
Total Pages: 20
Release: 2019-07-12
Genre: Business & Economics
ISBN: 1498319327

Inflation rates rose sharply in the Philippines during 2018. Understanding the demand and supply sources of inflation pressures is key to monetary policy response. Qualitatively, indicators have pointed to evidence of inflation pressures from both sides in 2018, with the supply factors, by and large, associated with commodity-price shocks and demand factors deduced from gleaning at the wider non-oil trade deficits seen in the Philippines. Quantitatively, we deploy a semi-structural model to decompose the contributions of various shocks to inflation. Our main findings are (1) supply factors (mainly global commodity prices) played a prominent role in explaining the rise in inflation in 2018; (2) demand factors also contributed to inflation in a non-negligible way, justifying the need for tighter monetary policy in 2018; (3) the size of the estimated output gap (an important indicator of demand pressures) could be larger, when considering the widening trade deficits in 2018; and (4) a delayed monetary policy tightening can be costly in terms of higher inflation rates, requiring larger and more aggressive interest rate hikes to bring inflation under control, based on a counterfactual exercise.

The Eastern Enlargement of the EU

The Eastern Enlargement of the EU
Author: Marek Dabrowski
Publisher: Springer Science & Business Media
Total Pages: 262
Release: 2012-12-06
Genre: Political Science
ISBN: 1461517095

The Eastern Enlargement of the EU identifies the major fiscal challenges facing Central European countries on the road to European Union accession. The Introduction and three other chapters are on broad macro-economic issues, and four `sectoral' chapters follow these on such questions as the fiscal impact of pensions, health reform, taxation and agricultural policies. A comprehensive analysis of tax systems and of the major elements of public social expenditures (pensions and health care systems) is presented. This analysis helps to identify the key factors determining the present size of governments and the need for, and prospects of, fiscal adjustment. In addition, a comparison of fiscal policy is carried out, followed by a long-term fiscal projection until year 2010. The book is relevant to academics in macroeconomics, European studies and transition economics, as well as in public finance and public policy sciences. It should also appeal to a significant professional audience. Policy makers and economists interested in the accession process in EU countries - at ministries, National Banks, research departments of banks, international organizations (the EU Commission, World Bank, IMF, OECD) - will have a strong interest in this book.