Growth Experience in Transition Countries, 90-98

Released on by International Monetary Fund
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  • Growth Experience in Transition Countries, 90-98 Book Detail

  • Author : International Monetary Fund
  • Release Date : 2000-04-19
  • Publisher : INTERNATIONAL MONETARY FUND
  • Genre : Business & Economics
  • Pages : 58
  • ISBN 13 : 9781557758033
  • File Size : 19,19 MB
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Growth Experience in Transition Countries, 90-98 by International Monetary Fund PDF Summary

Book Description: This study, another in the series focusing on special issues in transition, reviews the experience of output decline and recovery in the 25 countries of eastern and central Europe and the Baltics, Russia, and other countries of the former Soviet Union. Although these countries began the process of economic transformation with similar circumstances of output decline, the extent of decline, its duration, and the sustainability of recovery in growth varied considerably. The authors explore the factors behind this variation and find that the most important policies promoting early and sustained recovery were ones that supported financial stabilization and structural reforms in key areas such as private sector development, the tax system, economic liberalization, and secure property rights.

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