G2TT
来源类型Discussion paper
规范类型论文
来源IDDP432
DP432 Economic Change in Poland
Olivier Blanchard; Richard Grenville Layard
发表日期1990-06-01
出版年1990
语种英语
摘要Poland has tackled its economic problems with courage and, thus far, success. Hyperinflation has ceased, the well-chosen exchange rate has held, and wage behaviour has been responsible.A major recession is under way, and it must not become endemic. A big export effort is needed, followed with discretion by some domestic relaxation. Foreign investment could be encouraged by removing all limits to the repatriation of profit. To prevent unemployment persisting even after demand recovers, unemployment benefits could be replaced after one year by paid temporary employment on public works.Inflation still needs to be reduced further to reach West European levels. One obvious approach is to lengthen the period of indexation used in calculating wage ceilings. Finally, privatization should be accelerated, either by giving the capital stock to the people or by selling it in the form of highly-geared holding companies.
主题International Macroeconomics
关键词Economic change Poland
URLhttps://cepr.org/publications/dp432
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529581
推荐引用方式
GB/T 7714
Olivier Blanchard,Richard Grenville Layard. DP432 Economic Change in Poland. 1990.
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