Exit in the Framework of Macro-economic Shocks and Policy Responses during Transition: a Cross-country Comparison

Milan Nikolic and Jacek Rostowski

No 56, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: Enterprises in post-communist economies have been subject to a wide range of shocks as the old economic order has been swept away. It has been claimed that among the most important of these shocks have been: elimination of soft budget constraints, foreign trade shocks, and over-devaluation. The paper aims at measuring the size of the shocks affecting the fast reformers of the Visegrad group and some of the slower reforming reference countries (such as Bulgaria, Romania, Russia and Ukraine), and assessong the policy responses of governments.

Keywords: Economic Transition; Macroeconomic Shock; Visegrad Group (search for similar items in EconPapers)
Pages: 35 Pages
Date: 1995
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://case-research.eu/upload/publikacja_plik/3459977_056.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sec:cnstan:0056

Access Statistics for this paper

More papers in CASE Network Studies and Analyses from CASE-Center for Social and Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Marta Kowerko ().