| Description |
1 online resource (iii, 36 pages) : illustrations |
| Series |
IMF working paper ; WP/92/30 |
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IMF working paper ; WP/92/30.
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| Summary |
The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as well as the financial and structural problems associated with bad loan portfolios and sluggish implementation of privatization programs. Substantial success, in varying degrees, has been achieved in the initial macro-stabilization and opening-up effort. At the same time mounting difficulties with fiscal and monetary control may be emerging, as a result of social and political pressures and insufficiently clear policy signals on the micro-issues involving the sharp structural transformation of the productive and financial systems |
| Bibliography |
Includes bibliographical references (pages 35-36) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Post-communism -- Europe, Eastern -- Econometric models
|
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Economic policy
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Post-communism -- Econometric models
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| SUBJECT |
Europe, Eastern -- Economic policy.
http://id.loc.gov/authorities/subjects/sh91005697
|
| Subject |
Eastern Europe
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| Form |
Electronic book
|
| Author |
International Monetary Fund. Research Department, issuing body.
|
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International Monetary Fund. European I Department, issuing body.
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| ISBN |
1455240265 |
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9781455240265 |
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1451844859 |
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9781451844856 |
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