Author: Egon Žižmond
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The aggregate level of retail prices in Slovenia is much lower than in Austria. For the average of the sample in February 1992, it was 25% lower (calculated on basis of the official exchange rate) and 35% (resp.) lower (calculated on the basis of the market exchange rate). Also the purchasing power of the Slovene average net wage is much lower than the purchasing power of the average net wage in Austria. After 1987 it was constantly diminishing and in February 1992 reached only a good fifth of the Austrian one (21,2%). Disparities in retail prices in Slovenia have several reasons. The basic reasons are disparities in producer prices (which are due to the undervalued primary factors of production and to insufficient activation of factors of production of higher ranks), the system of turnover taxation and administrative price regulation.
The analysis of levels and relations of retail prices in Slovenia in comparison with Austria
Author: Egon Žižmond
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The aggregate level of retail prices in Slovenia is much lower than in Austria. For the average of the sample in February 1992, it was 25% lower (calculated on basis of the official exchange rate) and 35% (resp.) lower (calculated on the basis of the market exchange rate). Also the purchasing power of the Slovene average net wage is much lower than the purchasing power of the average net wage in Austria. After 1987 it was constantly diminishing and in February 1992 reached only a good fifth of the Austrian one (21,2%). Disparities in retail prices in Slovenia have several reasons. The basic reasons are disparities in producer prices (which are due to the undervalued primary factors of production and to insufficient activation of factors of production of higher ranks), the system of turnover taxation and administrative price regulation.
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The aggregate level of retail prices in Slovenia is much lower than in Austria. For the average of the sample in February 1992, it was 25% lower (calculated on basis of the official exchange rate) and 35% (resp.) lower (calculated on the basis of the market exchange rate). Also the purchasing power of the Slovene average net wage is much lower than the purchasing power of the average net wage in Austria. After 1987 it was constantly diminishing and in February 1992 reached only a good fifth of the Austrian one (21,2%). Disparities in retail prices in Slovenia have several reasons. The basic reasons are disparities in producer prices (which are due to the undervalued primary factors of production and to insufficient activation of factors of production of higher ranks), the system of turnover taxation and administrative price regulation.
Retail prices in Slovenia and Austria
Author: Egon Žižmond
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The aggregate level of retail prices in Slovenia after its independence was much lower than in Austria. For the average of the sample in 1990, the aggregate price parity was 0.9031 din/ATS and the aggregate level of prices was about 9 % lower (calculated on the basis of the official exchange rate 0.9948 din/ATS) than in Austria. From 1990 to 1994, retail prices in Slovenia increased by 939.6 % and in Austria by 14,7 %. This means tha the aggregate price parity of the sample in 1994 increased to 8.1917 SIT/ATS. According to this calculation, the level of Slovenian prices in 1994 was about 27 % lower (the exchange rate of the Bank of Slovenia 11.2826 SIT/ATS) than in Austria. Also purchasing power of the Slovenian average net wage in Slovenia was much lower than the purchasing power of the Austrian average net wage in Austria. After 1990 it was diminishing and in 1992 reched only 31 % of the Austrian one. Because of the faster growth of Slovenian relative wages in compariosn with the relative growth of retail prices, it increased in 1993 to 35 & and in September 1994 to 37 % of the Austrian one.
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
Book Description
The aggregate level of retail prices in Slovenia after its independence was much lower than in Austria. For the average of the sample in 1990, the aggregate price parity was 0.9031 din/ATS and the aggregate level of prices was about 9 % lower (calculated on the basis of the official exchange rate 0.9948 din/ATS) than in Austria. From 1990 to 1994, retail prices in Slovenia increased by 939.6 % and in Austria by 14,7 %. This means tha the aggregate price parity of the sample in 1994 increased to 8.1917 SIT/ATS. According to this calculation, the level of Slovenian prices in 1994 was about 27 % lower (the exchange rate of the Bank of Slovenia 11.2826 SIT/ATS) than in Austria. Also purchasing power of the Slovenian average net wage in Slovenia was much lower than the purchasing power of the Austrian average net wage in Austria. After 1990 it was diminishing and in 1992 reched only 31 % of the Austrian one. Because of the faster growth of Slovenian relative wages in compariosn with the relative growth of retail prices, it increased in 1993 to 35 & and in September 1994 to 37 % of the Austrian one.
Prices and Wages in Slovenia and Austria
Price levels and purchasing power of wages in Slovenia in comparison with Austria
JPRS Report
Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Publisher: Cosimo Reports
ISBN: 9781646794973
Category :
Languages : en
Pages : 158
Book Description
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Institutional Change in Search of the Market
Author: Hans H. Glismann
Publisher:
ISBN:
Category : Slovenia
Languages : en
Pages : 156
Book Description
Publisher:
ISBN:
Category : Slovenia
Languages : en
Pages : 156
Book Description
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Slovenia
Author: Mojmir Mrak
Publisher: World Bank Publications
ISBN: 9780821357187
Category : Political Science
Languages : en
Pages : 506
Book Description
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
Publisher: World Bank Publications
ISBN: 9780821357187
Category : Political Science
Languages : en
Pages : 506
Book Description
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
Consumption Culture in Europe: Insight into the Beverage Industry
Author: Santos, Carmen R.
Publisher: IGI Global
ISBN: 1466628588
Category : Business & Economics
Languages : en
Pages : 414
Book Description
Although studies indicate the assumption of one single European market, other research emphasizes European countries have distinct market identities. Meanwhile, as individual countries begin to have a more widespread understanding of culture, global culture still remains unshared between countries. Consumption Culture in Europe: Insight into the Beverage Industry brings the most relevant theories about culture and European market segmentation as well as providing updated data for the evaluation and analyses of the European consumption patterns in the beverage market. This comprehensive collection is an essential tool for policy-makers and those interested in end-markets and consumer affairs.
Publisher: IGI Global
ISBN: 1466628588
Category : Business & Economics
Languages : en
Pages : 414
Book Description
Although studies indicate the assumption of one single European market, other research emphasizes European countries have distinct market identities. Meanwhile, as individual countries begin to have a more widespread understanding of culture, global culture still remains unshared between countries. Consumption Culture in Europe: Insight into the Beverage Industry brings the most relevant theories about culture and European market segmentation as well as providing updated data for the evaluation and analyses of the European consumption patterns in the beverage market. This comprehensive collection is an essential tool for policy-makers and those interested in end-markets and consumer affairs.