There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribution to identifying links between public finance and macro- and microeconomic consequences. His findings bear relevance in both developing and industrialized economies. The essays in this volume and its companion, Fiscal Policy and Economic Reforms, highlight many of these interconnected issues, for instance the interaction between budgetary policy and economic aggregates, such as employment, inflation and growth, and the implication of economic...
There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribut...
The essays in this volume explore the special type of reforms and policies that are required in the post-socialist countries of Eastern Europe and the Former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism. The articles collected in this book study in detail both the analytical underpinning of this process, the overall relationships among stabilization, reforms, and growth, and the specific stabilization experience in a number of countries. In addition, the volume discusses some of the central policy issues related to enterprise...
The essays in this volume explore the special type of reforms and policies that are required in the post-socialist countries of Eastern Europe and the...
With the advent of increased capital mobility in the past two decades, financial factors have become of key importance for the processes of stabilization and growth in developing, developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant impulses for individual economies and the global economy in the 1990s and beyond. This book collects essays by well-known analysts in international economics and finance who treat these issues from relatively new perspectives.
With the advent of increased capital mobility in the past two decades, financial factors have become of key importance for the processes of stabilizat...
While policy makers need to focus on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a market orientation, financial institutions and reforms play a particularly crucial role in this transformation. The essays in this collection offer overviews of issues in banking sector reform and capital markets as well as specific perspectives on the financial sectors in changing economies of Central and Eastern Europe, China, and Israel. Original versions of the essays were presented at the Second Dubrovnik Conference on Transition Economies...
While policy makers need to focus on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a marke...
the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unprecedented stabilization effort and, therefore, was particularly urgent and complicated. In many of the transition countries, the transformation effort implied not just changes in procedures but the establishment of a central bank from scratch, a process that involved an important effort, precisely at a time when the whole system was in serious turmoil. While the process of reforms is not yet completed in all the transition countries, an immense...
the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unpre...
Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of studies dealing with the different issues related to the liberalization of external relations in economies moving from a socialist to a market-based system The focus is on external sector developments, and the topics deal with balance of payments conditions, exchange rate policies and regimes, international competitiveness, international capital flows, trade, and other matters related to the integration of transition economies into the world...
Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of stu...
With the advent of increased capital mobility in the past two decades, financial factors have become of key importance for the processes of stabilization and growth in developing, developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant impulses for individual economies and the global economy in the 1990s and beyond. This book collects essays by well-known analysts in international economics and finance who treat these issues from relatively new perspectives.
With the advent of increased capital mobility in the past two decades, financial factors have become of key importance for the processes of stabilizat...
While policy makers need to focus on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a market orientation, financial institutions and reforms play a particularly crucial role in this transformation. The essays in this collection offer overviews of issues in banking sector reform and capital markets as well as specific perspectives on the financial sectors in changing economies of Central and Eastern Europe, China, and Israel. Original versions of the essays were presented at the Second Dubrovnik Conference on Transition Economies...
While policy makers need to focus on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a marke...
the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unprecedented stabilization effort and, therefore, was particularly urgent and complicated. In many of the transition countries, the transformation effort implied not just changes in procedures but the establishment of a central bank from scratch, a process that involved an important effort, precisely at a time when the whole system was in serious turmoil. While the process of reforms is not yet completed in all the transition countries, an immense...
the adaptation of the institutional settings of monetary policy to deal with an emerging market economy had to be carried out in the midst of an unpre...
Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of studies dealing with the different issues related to the liberalization of external relations in economies moving from a socialist to a market-based system The focus is on external sector developments, and the topics deal with balance of payments conditions, exchange rate policies and regimes, international competitiveness, international capital flows, trade, and other matters related to the integration of transition economies into the world...
Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of stu...
