Macroeconomic adjustment, stabilization, and growth in reforming socialist economies: analytical and policy issues

Andres Solimano

No 399, Policy Research Working Paper Series from The World Bank

Abstract: Current attempts at reform in Eastern European countries raise important issues of macroeconomic management in the transition from central planning to a market or mixed economy. This paper develops simple models, reviews empirical evidence and discusses policy issues associated with traditional socialist economies and those undergoing reform. Those issues involve inflation, growth, money overhang, disequilibrium in goods and labour markets and interactions between stabilization and growth.

Keywords: Economic Theory&Research; Environmental Economics&Policies; Banks&Banking Reform; Economic Stabilization; Municipal Financial Management (search for similar items in EconPapers)
Date: 1990-04-30
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:399

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