| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP548 |
| DP548 Labor and Product Markets in Czechoslovakia and the ex-GDR: A Twin Study | |
| Michael Burda | |
| 发表日期 | 1991-04-01 |
| 出版年 | 1991 |
| 语种 | 英语 |
| 摘要 | Pre-reform similarities between the ex-German Democratic Republic and Czechoslovakia serve as a basis for comparing two different approaches to marketizing centrally planned economies. The GDR freed trade in goods and fixed the exchange rate first, then liberalized domestic price setting, and took up privatization and budgetary consequences last; the CSFR is striving to implement the same reforms in reverse order. While the exchange rate matters decisively in the short run, institutional aspects of the two countries such as financing constraints, collective bargaining, and unemployment benefits will prove most important for long-run development of the two regions. |
| 主题 | International Macroeconomics |
| 关键词 | Czechoslovakia German democratic republic Macroeconomic reforms Soft budget constraints |
| URL | https://cepr.org/publications/dp548 |
| 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/529697 |
| 推荐引用方式 GB/T 7714 | Michael Burda. DP548 Labor and Product Markets in Czechoslovakia and the ex-GDR: A Twin Study. 1991. |
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