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Author: Jeffrey Sachs Publisher: Center for Social & Economic Research ISBN: Category : Economic development Languages : en Pages : 76
Book Description
Discusses the sources of rapid growth in the very fast growing economies in Asia, and the ways in which Central Europe could emulate keys aspects of their economic policies in order to raise their growth rates.
Author: Jeffrey Sachs Publisher: Center for Social & Economic Research ISBN: Category : Economic development Languages : en Pages : 76
Book Description
Discusses the sources of rapid growth in the very fast growing economies in Asia, and the ways in which Central Europe could emulate keys aspects of their economic policies in order to raise their growth rates.
Author: Jeffrey D. Sachs Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper describes ways that the CEEs can speed their convergence with the EU by emulating the growth strategies of the very fast growing economies. In Section II, we introduce the VFGEs, and discuss some of the sources of their superior growth performance. In Section III, we demonstrate the role of key policy variables in the context of cross-country growth equations. In Section IV, we examine how the CEEs can emulate key aspects of the economic policies of the VFGEs, in order to raise their growth in the coming years.
Author: Garbis Iradian Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 40
Book Description
This paper uses the growth-accounting approach to determine the sources of growth in transition economies. The central conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly higher than other fast growing economies. A key question for prospective growth is whether the TFP gains achieved thus far have already eliminated most of the inefficiencies of central planning-and will therefore soon fade away. Underutilized labor combined with the recent trend of faster capital accumulation may play a more important role in the medium-term growth.
Author: David A. Kirby Publisher: Routledge ISBN: 1351755137 Category : Business & Economics Languages : en Pages : 218
Book Description
This title was first published in 2003. Since the late 1970s there has been considerable interest in the role of small firms in economic development in general and employment generation in particular. Throughout the developed world, governments have introduced a range of measures to encourage small firm growth and development in an attempt to stimulate economic growth, generate employment and foster innovation. Though not all measures have been successful many policies have transferred to the transition economies of Central and Eastern Europe where, since 1989, small firm growth and development has achieved considerable importance in economic restructuring. Accordingly, this volume presents the leading research on the role of small firms in economic development and employment generation in both transition and developed countries. Setting itself in a wider theoretical context, the book also considers the implications for both policy and theory and suggests directions for future research.
Author: Olivier Jean Blanchard Publisher: University of Chicago Press ISBN: 0226056813 Category : Business & Economics Languages : en Pages : 288
Book Description
When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern Europe, Volumes 1 and 2 is an analysis of the experiences of various countries making the transition to market economies and examines the most important challenges still in store. Volume 1, Country Studies, gives an in-depth, country-by-country analysis of various reform experiences, including historical backgrounds and discussions of policies and results to date. The countries analyzed are Poland, Czechoslovakia, Hungary, eastern Germany, Slovenia, and Russia. Written by leading economists, some of whom helped shape local and national reforms, this volume identifies common progress, common difficulties, and tentative solutions to the problems of economic transition. Volume 2, Restructuring, focuses on specific issues of transition, including how to design labor market institutions, privatization, new fiscal structures, and bankruptcy laws; how to reorganize foreign trade; and how to promote foreign direct investment. The articles, written by experts in the field, will be of direct help to those involved in the transition process. These volumes provide a standard reference on economic transition in the region for policymakers in Eastern Europe and in western countries, for international agencies concerned with the transition process, and for anyone interested in learning about the dramatic changes that have recently occurred in Eastern Europe.
Author: Marcin Piatkowski Publisher: Oxford University Press ISBN: 0198789343 Category : Business & Economics Languages : en Pages : 397
Book Description
What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.
Author: Mike W. Peng Publisher: SAGE ISBN: 9780761916017 Category : Business & Economics Languages : en Pages : 348
Book Description
The work is a practical examination of fundamental strategic issues confronted by firms competing in newly opened markets. It covers emerging markets in East Asia, Central and Eastern Europe and the new states of the former Soviet Union.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 145192836X Category : Business & Economics Languages : en Pages : 38
Book Description
This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms on output may be negative, over time the best growth performances are in those countries with the greatest progress in implementing reforms. The analysis also confirms that although adverse initial conditions hurt growth, their effect is small compared to the other factors.
Author: Jeffrey Sachs
Author: Jeffrey Sachs
Author: Jeffrey D. Sachs
Author: Jeffrey D. Sachs
Author: Garbis Iradian
Author: David A. Kirby
Author: Marc Suhrcke
Author: Olivier Jean Blanchard
Author: Marcin Piatkowski
Author: Mike W. Peng
Author: International Monetary Fund