The Output Decline in the Aftermath of Reform: The Cases of Bulgaria, Czechoslovakia, and Romania
This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews developments in the three countries and empirically investigate...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 92/59 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews developments in the three countries and empirically investigates two questions that are key to the interpretation of the output decline: First, to what extent does the output fall reflect "structural change" (or a reallocation of resources across sectors) rather than a conventional recession? Second, to what extent have demand-side or supply-side forces been dominant in generating the output decline? |
| Beschreibung: | 1 Online-Ressource (60 p) |
| ISBN: | 1451965710 9781451965711 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:17Z |
| indexdate | 2024-07-10T09:35:24Z |
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| language | English |
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| physical | 1 Online-Ressource (60 p) |
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| spelling | Ostry, Jonathan David Verfasser aut The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania Ostry, Jonathan David Washington, D.C International Monetary Fund 1992 1 Online-Ressource (60 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/59 This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews developments in the three countries and empirically investigates two questions that are key to the interpretation of the output decline: First, to what extent does the output fall reflect "structural change" (or a reallocation of resources across sectors) rather than a conventional recession? Second, to what extent have demand-side or supply-side forces been dominant in generating the output decline? Online-Ausg Borensztein, Eduardo Sonstige oth Demekas, Dimitri G. Sonstige oth http://elibrary.imf.org/view/IMF001/07203-9781451965711/07203-9781451965711/07203-9781451965711.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Ostry, Jonathan David The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania |
| title | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania |
| title_auth | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania |
| title_exact_search | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania |
| title_exact_search_txtP | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania |
| title_full | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania Ostry, Jonathan David |
| title_fullStr | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania Ostry, Jonathan David |
| title_full_unstemmed | The Output Decline in the Aftermath of Reform The Cases of Bulgaria, Czechoslovakia, and Romania Ostry, Jonathan David |
| title_short | The Output Decline in the Aftermath of Reform |
| title_sort | the output decline in the aftermath of reform the cases of bulgaria czechoslovakia and romania |
| title_sub | The Cases of Bulgaria, Czechoslovakia, and Romania |
| url | http://elibrary.imf.org/view/IMF001/07203-9781451965711/07203-9781451965711/07203-9781451965711.xml |
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