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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP432 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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