G2TT
来源类型Discussion paper
规范类型论文
来源IDDP500
DP500 The Transition to Convertibility in Eastern Europe and the USSR
Richard Portes
发表日期1991
出版年1991
语种英语
摘要This paper discusses when and how to introduce foreign exchange convertibility in the process of transformation of the socialist centrally-planned economies into market economies based on private property. It elucidates the need for `robust sequencing' in a programme of economic reforms and the importance of establishing the credibility of the programme. It then discusses why convertibility is so important in the sequence, and it goes on to deal with implementation and exchange rate policy. Macroeconomic stabilization is treated as a central issue in the strategy for achieving convertibility. Finally, the paper comments on alternative sequences and the role of external financial support for convertibility.
主题International Macroeconomics
关键词Convertibility Eastern europe Exchange rates Sequencing
URLhttps://cepr.org/publications/dp500
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/529656
推荐引用方式
GB/T 7714
Richard Portes. DP500 The Transition to Convertibility in Eastern Europe and the USSR. 1991.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Richard Portes]的文章
百度学术
百度学术中相似的文章
[Richard Portes]的文章
必应学术
必应学术中相似的文章
[Richard Portes]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。