G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w7664
来源IDWorking Paper 7664
The Transition Economies After Ten Years
Stanley Fischer; Ratna Sahay
发表日期2000-04-01
出版年2000
语种英语
摘要While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many questions about the relative roles played by adverse initial conditions, external factors, and reform strategies. This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes, highlighting the role of exogenous factors and the macroeconomic and structural policies adopted by the countries. We find that both stabilization policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the faster is the speed of reforms, the quicker is the recovery and the higher is growth.
主题Other ; Economic Systems
URLhttps://www.nber.org/papers/w7664
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/565219
推荐引用方式
GB/T 7714
Stanley Fischer,Ratna Sahay. The Transition Economies After Ten Years. 2000.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w7664.pdf(235KB)智库出版物 限制开放CC BY-NC-SA浏览
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
[Stanley Fischer]的文章
[Ratna Sahay]的文章
百度学术
百度学术中相似的文章
[Stanley Fischer]的文章
[Ratna Sahay]的文章
必应学术
必应学术中相似的文章
[Stanley Fischer]的文章
[Ratna Sahay]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w7664.pdf
格式: Adobe PDF
此文件暂不支持浏览

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。