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4 The Transformation of a Socialist Economy: Lessons of German Unification

4 The Transformation of a Socialist Economy: Lessons of German Unification »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Economic Transformation: The Principal Tasks Last year’s euphoria about democratization and economic liberalization in Central and Eastern Europe has largely vanished...

Central and Eastern Europe
			: Roads to Growth

Central and Eastern Europe : Roads to Growth »

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

DOI: http://dx.doi.org/10.5089/9781557751997.071

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

The experience of Central and Eastern European countries with moving from centrally planned to open-market economies is examined in this collection of papers given at an April 1991 seminar, moderated by Georg Winck...

1. Roads to Growth: A Summary of Main Issues

1. Roads to Growth: A Summary of Main Issues »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

Introduction By mid-1991, the breakdown of the centralized regimes in the countries of Central and Eastern Europe seems to be complete. The old power structures have dis...

3 IMF-Supported Adjustment Programs in Central and Eastern Europe

3 IMF-Supported Adjustment Programs in Central and Eastern Europe »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Introduction This paper explores the relationship between stabilization, economic growth, and systemic reform in Central and Eastern Europe. It draws on the experienc...

8. Privatization and Corporate Governance in Eastern Europe: Can a Market Economy Be Designed?

8. Privatization and Corporate Governance in Eastern Europe: Can a Market Economy Be Designed? »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

It is quite common to be somewhat skeptical about the chances of a smooth transition to a market economy in Eastern Europe. The standard fear is that the cost of the transition may be so high that the proces...

7. Wages and Employment in the Transition to a Market Economy

7. Wages and Employment in the Transition to a Market Economy »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Introduction The scale of the reform agenda in the erstwhile socialist economies and the complementary nature of policy changes make the ordering of reforms peculiarl...

2. Opening Address

2. Opening Address »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I am delighted that the Austrian National Bank and the International Monetary Fund are cooperating to sponsor this seminar, and I would like to thank Dr. Schaumayer, the President of the National Bank, for h...

5. Transformation of Centrally Planned Economies: Credit Markets and Sustainable Growth

5. Transformation of Centrally Planned Economies: Credit Markets and Sustainable Growth »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Introduction The transformation of centrally planned economies (CPEs) into well-functioning market economies is likely to be lengthy and complex. During the transitio...

6 Savings, Investment, and Growth in Eastern Europe

6 Savings, Investment, and Growth in Eastern Europe »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

I. Introduction The achievement of high and sustainable rates of economic growth is one of the primary objectives of the reform process currently under way in Eastern Eu...

Part I Introduction and Opening Address

Part I Introduction and Opening Address »

Source: Central and Eastern Europe : Roads to Growth

Series: Books

Author(s): Georg Winckler

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1992

ISBN: 9781557751997

Keywords: wage, wages, employment, debt, privatization

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