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Stabilization and Reform in Eastern Europe

Michael Bruno

in Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter considers the most recent stabilization and reform experience in six Eastern European countries, starting with the earlier Yugoslav and Polish shock programmes of 1990 and followed by ... More


The Ends of Four Big Inflations

Thomas J. Sargent

in Rational Expectations and Inflation

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691158709
eISBN:
9781400847648
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691158709.003.0003
Subject:
Economics and Finance, Economic History

This chapter examines several dramatic historical experiences that are consistent with the “rational expectations” view but that seem difficult to reconcile with the “momentum” model of inflation. ... More


Russia and Eastern Europe

Kathryn C. Lavelle

in The Politics of Equity Finance in Emerging Markets

Published in print:
2004
Published Online:
April 2005
ISBN:
9780195174090
eISBN:
9780199835287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195174097.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter considers former Soviet bloc examples, three of which overtly modeled their securities market institutions on Anglo-American practice. These country examples contain cases of Ibusz, ... More


Income Distribution and Tax and Government Social-Spending Policies in Developing Countries

Ke-young Chu, Hamid Davoodi, and Sanjeev Gupta

in Inequality Growth and Poverty in an Era of Liberalization and Globalization

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271412
eISBN:
9780191601255
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271410.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental

Provides an overview of the changes in income distribution in developing and transition countries in recent decades, and assesses the incidence of taxes and government expenditure in these countries. ... More


Market Socialism

János Kornai

in The Socialist System: The Political Economy of Communism

Published in print:
1992
Published Online:
November 2003
ISBN:
9780198287766
eISBN:
9780191596551
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198287763.003.0021
Subject:
Economics and Finance, Economic Systems

This chapter discusses the phenomenon of market socialism in the state sector. The practical changes involved in this constitute one of the major tendencies in the move away from classical socialism. ... More


The Hungarian Practice

Włodzimierz Brus and Kazimierz Laski

in From Marx to the Market: Socialism in Search of an Economic System

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198283997
eISBN:
9780191596032
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283997.003.0006
Subject:
Economics and Finance, Economic Systems

The first practical application of the idea of market socialism (but not necessarily along Lange's model) was made in early 1950s in Yugoslavia after the break with the Soviet Union, and in ... More


Central Planning With Regulated Market—The Flawed Model

Włodzimierz Brus and Kazimierz Laski

in From Marx to the Market: Socialism in Search of an Economic System

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198283997
eISBN:
9780191596032
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283997.003.0007
Subject:
Economics and Finance, Economic Systems

The failure of the string of reforms in Soviet‐bloc countries can be attributed to a number of factors, in the first place to resistance of communist political elites eager to preserve their ... More


International Diversity and Change

Nicholas Barr and Peter Diamond

in Reforming Pensions: Principles and Policy Choices

Published in print:
2008
Published Online:
September 2009
ISBN:
9780195311303
eISBN:
9780199893461
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195311303.003.0011
Subject:
Economics and Finance, Financial Economics

This chapter first discusses some of the reasons why pension systems today rightly look different from systems fifty years ago. It then considers developments in pension systems and their design and ... More


Pension Systems in Different Countries

Nicholas Barr and Peter Diamond

in Pension Reform: A Short Guide

Published in print:
2009
Published Online:
September 2010
ISBN:
9780195387728
eISBN:
9780199870905
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195387728.003.0009
Subject:
Economics and Finance, Economic Systems

This chapter offers brief descriptions of a number of pension systems—including those of Argentina, Australia, Bolivia, Chile, China, Hungary, the Netherlands, New Zealand, Poland, Singapore, South ... More


Hungary: A Short-Lived Fiscal Watchdog

George Kopits and Balazs Romhanyi

in Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199644476
eISBN:
9780191749100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199644476.003.0011
Subject:
Economics and Finance, Financial Economics

Under pressure from the global financial crisis, Parliament enacted a rules-based fiscal policy framework that included creation of the Fiscal Council. The principal goals of the Council consisted of ... More


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