Stabilization and Growth in Transition Economies

Stabilization and Growth in Transition Economies
Author :
Publisher : International Monetary Fund
Total Pages : 36
Release :
ISBN-10 : UCSD:31822021299821
ISBN-13 :
Rating : 4/5 (21 Downloads)

Book Synopsis Stabilization and Growth in Transition Economies by : Mr.Stanley Fischer

Download or read book Stabilization and Growth in Transition Economies written by Mr.Stanley Fischer and published by International Monetary Fund. This book was released on 1996-04 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former Soviet Union, and Mongolia for the period 1989-1994. Inflation rates have declined significantly in most countries following an inflation stabilization program. Growth resumes after stabilization occurs, typically with a lag of about two years. Reducing inflation thus appears to be a precondition for growth. An econometric analysis of the short-run determinants of inflation and growth illustrates the key roles of fixed exchange rates, improved fiscal balances, and structural reforms in spurring growth and lowering inflation, and confirms that inflation stabilization programs have been beneficial for growth even after controlling for structural reforms.


Stabilization and Growth in Transition Economies Related Books

Stabilization and Growth in Transition Economies
Language: en
Pages: 36
Authors: Mr.Stanley Fischer
Categories: Business & Economics
Type: BOOK - Published: 1996-04 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper analyzes the growth and stabilization experience in 26 transition economies in eastern Europe, the former Soviet Union, and Mongolia for the period 1
Fiscal Decentralization in Developing and Transition Economies
Language: en
Pages: 50
Authors: Anwar Shah
Categories: Decentralization in government
Type: BOOK - Published: 2004 - Publisher: World Bank Publications

DOWNLOAD EBOOK

From Transition to Market
Language: en
Pages: 37
Authors: Mr.Stanley Fischer
Categories: Business & Economics
Type: BOOK - Published: 1998-04-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper presents evidence on the behavior of output and inflation in the transition economies during 1992–95. A regression analysis explores the difference
Disinflation in Transition Economies
Language: en
Pages: 98
Authors: Ms.Sharmini Coorey
Categories: Business & Economics
Type: BOOK - Published: 1996-12-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

In light of the persistence of moderate inflation in many transition economies, this paper analyzes whether inflation resulted from insufficiently tight financi
Fiscal Policy, Stabilization, and Growth
Language: en
Pages: 354
Authors: Guillermo E. Perry
Categories: Business & Economics
Type: BOOK - Published: 2007-10-19 - Publisher: World Bank Publications

DOWNLOAD EBOOK

Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, wit