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来源类型Working Paper
规范类型报告
DOI10.3386/w4077
来源IDWorking Paper 4077
Russia and the Soviet Union Then and Now
Stanley Fischer
发表日期1992-05-01
出版年1992
语种英语
摘要The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four historical questions that bear on the current situation. How advanced was Russia in 1913? What relevance, if any, does the New Economic Policy of the 19205, or NEP, have for the current situation? Why did economic growth in the Soviet Union slow in the 1970s and 1980s? What role did Gorbachev's policies play in bringing about the final collapse of the Soviet Union? Russia's approach to reform is similar to that in several East European countries. It differs in having started with a major price liberalization, before macroeconomic stabilization was assured. I then tum to the close links between macroeconomic stabilization and enterprise restructuring that have emerged in the Russian political process, and analyze the need for an explicit industrial restructuring policy that goes beyond privatization. The paper concludes with a discussion of the interrelated questions of inter-republican trade, payments, and new currencies. I describe and evaluate the case for an inter-republican payments union or the more modest type of organization, an inter-republican payments mechanism, that is likely to emerge.
主题Macroeconomics
URLhttps://www.nber.org/papers/w4077
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/561420
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GB/T 7714
Stanley Fischer. Russia and the Soviet Union Then and Now. 1992.
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