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Book Cover
Author Borensztein, Eduardo, author

Title Structural and macroeconomic determinants of the output decline in Poland, 1990-91 / prepared by Eduardo R. Borensztein and Jonathan D. Ostry ; authorized for distribution by Peter Wickham
Published [Washington, D.C.?] : International Monetary Fund, Research Department, [1992]
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Description 1 online resource (ii, 30 pages) : illustrations
Series IMF working paper ; WP/92/86
IMF working paper ; WP/92/86
Summary This paper addresses two questions relating to the output decline in Poland since the initiation of market-oriented reforms at the beginning of 1990. First, to what extent is the decline in output a generalized phenomenon, rather than reflecting the short-term effects of resource reallocation in response to the new relative price structure? Second, what have been the main macroeconomic determinants of the output decline? In response to the first question, the paper finds relatively little evidence to favor a structural change view of the output decline. As far as the second question is concerned, the paper finds that both supply-side and demand-side factors have played a role, depending on the specific time period being considered
Bibliography Includes bibliographical references (pages 29-30)
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. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Poland.
Form Electronic book
Author Ostry, Jonathan David, 1962- author
International Monetary Fund. Research Department, issuing body
ISBN 1455256455