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01702cas a2200253 a 4500 |
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|c 5.00 USD
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|z 9781451844900
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Fischer, Stanley.
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|a The Transition Economies After Ten Years /
|c Stanley Fischer, Ratna Sahay.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
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|a 1 online resource (44 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes, highlighting the role of exogenous factors and the macroeconomic and structural policies adopted by the countries. We find that both stabilization policies and structural reforms, particularly privatization, contribute to growth. We also conclude that the faster is the speed of reforms, the quicker is the recovery and the higher is growth.
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|a Mode of access: Internet
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|a Sahay, Ratna.
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|a IMF Working Papers; Working Paper ;
|v No. 2000/030
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2000/030/001.2000.issue-030-en.xml
|z IMF e-Library
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