PERESTROIKA AND RUBLE CONVERTIBILITY

Edgar Feige

Development and Comp Systems from University Library of Munich, Germany

Abstract: This paper examines the role of money in market and centrally planned economies. It then proposes a program and sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian redistribution of the state's custodial assets to its citizens is viewed as an necessary prelude to the introdcution of market reforms if the transition process is to achive the goals of efficiency and equity. The paper is to be published in the Cato Journal, Vol. 10 No. 3, Winter, 1991

Keywords: transition; convertibility; wealth redistribution; liberalization; stabilization; institutional reform (search for similar items in EconPapers)
JEL-codes: D7 E6 O1 O2 P1 P2 P3 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2004-04-06
New Economics Papers: this item is included in nep-tra
Note: Type of Document - pdf; pages: 23
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0404/0404002.pdf (application/pdf)

Related works:
Journal Article: Perestroika and Ruble Convertibility (1991)
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:wpa:wuwpdc:0404002

Access Statistics for this paper

More papers in Development and Comp Systems from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ( this e-mail address is bad, please contact ).