Stabilization and Structural Reform in Czechoslovakia : An Assessment of the First Stage /

This paper analyzes the Czechoslovak reform program which was launched on January 1, 1991. Under this program, Czechoslovakia has taken decisive steps to establish a market economy, while achieving price stability and a viable external position through restrictive financial policies. But there has b...

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Bibliografiske detaljer
Hovedforfatter: Aghevli, Bijan
Andre forfattere: Borensztein, Eduardo, Van der Willigen, Tessa
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1992.
Serier:IMF Working Papers; Working Paper ; No. 1992/002
Online adgang:Full text available on IMF
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100 1 |a Aghevli, Bijan. 
245 1 0 |a Stabilization and Structural Reform in Czechoslovakia :   |b An Assessment of the First Stage /  |c Bijan Aghevli, Tessa Van der Willigen, Eduardo Borensztein. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyzes the Czechoslovak reform program which was launched on January 1, 1991. Under this program, Czechoslovakia has taken decisive steps to establish a market economy, while achieving price stability and a viable external position through restrictive financial policies. But there has been a sharp decline in output. The eventual output recovery is predicated on completing structural market reforms, such as the development of financial markets and the safeguard of their stability, privatization of large enterprises, minimizing government interference with economic signals, and the imposition of the 'hard' budget constraint. 
538 |a Mode of access: Internet 
700 1 |a Borensztein, Eduardo. 
700 1 |a Van der Willigen, Tessa. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/002 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/002/001.1992.issue-002-en.xml  |z IMF e-Library