| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP625 |
| DP625 Debt Service, Foreign Direct Investment and Transformation to Market: A Simple Model | |
| István Abel; John Bonin | |
| 发表日期 | 1992-01-30 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | In this paper we focus on the macroeconomic framework for the transformation of the formerly socialist economies of Central Europe into capitalist mixed market economies. We construct a simple model to compare the situations in Hungary and Poland on the eve of the transformation before the new governments were elected. This model is used to evaluate the policies designed to lead the two countries along the road to a market economy. The magnitude of the debt service ratio fundamentally influences the chances for stability, while foreign direct investment has a profound influence on real appreciation of the domestic currency. |
| 主题 | International Macroeconomics |
| 关键词 | Debt service ratio Eastern europe Economic transformation Foreign direct investment Macro |
| URL | https://cepr.org/publications/dp625 |
| 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/529777 |
| 推荐引用方式 GB/T 7714 | István Abel,John Bonin. DP625 Debt Service, Foreign Direct Investment and Transformation to Market: A Simple Model. 1992. |
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