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A Decade of Transition
			: Achievements and Challenges

A Decade of Transition : Achievements and Challenges »

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

DOI: http://dx.doi.org/10.5089/9781589060135.072

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

This volume reviews the experience of 25 non-Asian transition economies 10 years into their transformation to market economies. The volume is based on an IMF conference held in February 1999 in Washington, D.C., to...

IMF-Supported Programs
			: Recent Staff Research

IMF-Supported Programs : Recent Staff Research »

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

DOI: http://dx.doi.org/10.5089/9781589063617.072

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Research work by the IMF's staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to 'open up the bl...

1 A Decade of Transition

1 A Decade of Transition »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

Since the fall of the Berlin Wall nearly a decade ago, the former centrally planned economies of Central and Eastern Europe and the Baltics, Russia, and other former Soviet Union countries have made major st...

2 Opening Address

2 Opening Address »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

It is a great pleasure for me to welcome you to this conference, A Decade of Transition: Achievements and Challenges. This gathering brings together leading experts—policymakers, academics, and staff of inte...

3 Disinflation in Transition—1993–97

3 Disinflation in Transition—1993–97 »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

Almost all transition countries experienced an initial spike in inflation at the outset of the reform process as price controls were removed. The speed of the subsequent disinflations, however, varied marked...

4 Growth in Transition Countries, 1990–98: The Main Lessons

4 Growth in Transition Countries, 1990–98: The Main Lessons »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

Transition is a complex process involving changes in the political, economic, institutional, legal, and social domains. The focus of this chapter is on the record of economic recovery and growth and its rela...

5 Inflation and Growth in Transition: Are the Asian Economies Different?

5 Inflation and Growth in Transition: Are the Asian Economies Different? »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

This chapter assesses progress made by China, the Lao People’s Democratic Republic (henceforth Laos), Vietnam, and Mongolia in their transition to a market-based system. It compares their progress to that of...

6 Lessons of the Russian Crisis for Transition Economies

6 Lessons of the Russian Crisis for Transition Economies »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

What lessons does the Russian financial crisis hold for other economies in transition? I could approach the topic by providing an avalanche of details about exchange rate, interest rate, and budgetary polici...

7 Time to Rethink Privatization in Transition Economies?

7 Time to Rethink Privatization in Transition Economies? »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

Privatization Wins the Day Privatization appears to have swept the field and won the day. 1 More than 100 countries on every continent have privatiz...

8 Banking Sector Reform in Central and Eastern Europe

8 Banking Sector Reform in Central and Eastern Europe »

Source: A Decade of Transition : Achievements and Challenges

Series: Seminar Volumes

Author(s): Saleh Nsouli , and Oleh Havrylyshyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 April 2001

ISBN: 9781589060135

Keywords: inflation, privatization, monetary fund, moderate inflation, tax rates

The history of the last 10 years of banking sector reform and restructuring in Central and Eastern Europe (CEE) is a fascinating story, because in most of these countries, what existed before the political t...