Last edited by Melar
Tuesday, May 19, 2020 | History

4 edition of Gradual versus rapid liberalization in socialist economies found in the catalog.

Gradual versus rapid liberalization in socialist economies

financial policies in China and Russia compared

by Ronald I. McKinnon

  • 354 Want to read
  • 11 Currently reading

Published by ICS Press in San Francisco, Calif .
Written in English

    Places:
  • China,
  • Russia (Federation),
  • China.
    • Subjects:
    • Economic stabilization -- China.,
    • Economic stabilization -- Russia (Federation),
    • China -- Economic policy -- 1976-2000.,
    • Russia (Federation) -- Economic policy -- 1991-,
    • China -- Economic conditions -- 1976-2000.,
    • Russia (Federation) -- Economic conditions -- 1991-

    • Edition Notes

      StatementRonald I. McKinnon.
      SeriesICEG sector studies series ;, no. 10, Sector studies ;, no. 10.
      ContributionsInternational Center for Economic Growth.
      Classifications
      LC ClassificationsHC426.92 .M35 1994
      The Physical Object
      Paginationviii, 44 p. :
      Number of Pages44
      ID Numbers
      Open LibraryOL1437482M
      ISBN 101558153144
      LC Control Number93050170

      McKinnon, Ronald I. () ‘Gradual versus Rapid Liberalization in Socialist Economies: Financial Policies and Microeconomic Stability in China and Russia Compared’, Annual Bank Conference on Development Economics (Washington DC: World Bank). Google ScholarAuthor: Marcelo de Paiva Abreu, José María Fanelli. Financial policy revisited The role of the state in financial markets Joseph E. Stiglitz 19 Comment, Jaime Jaramillo -Vallejo 53 Comment, Yung Chul Park 57 Floor discussion 59 Gradual versus rapid liberalization in socialist economies: The problem of macroeconomic control Ronald I. MacKinnon 63 Comment, Anders Aslund

        However, after 25 years, rapid reformers ended up with better institutions than gradual reformers. In fact, the fastest progress on institutions was made by the very same countries that undertook rapid economic liberalization (see Figure 2). Citations (). Comment on "Gradual versus Rapid Liberalization in Socialist Economies by McKinnon, ().

      McKinnon, Ronald I. Gradual versus Rapid Liberalization in Socialist Economies: Financial Policies in China and Russia Compared. San Francisco: ICS Press, Socialist Economic Development and Reforms: From Extensive to Intensive Growth Under Central Planning in . Drawing on evidence from a sample of emerging market economies over the period , this evaluation report reviews the IMF's approach to capital account liberalization and related issues. The evaluation seeks to contribute to transparency by documenting what in practice has been the IMF's approach to these issues and to identify areas where the IMF's instruments and operating methods.


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Gradual versus rapid liberalization in socialist economies by Ronald I. McKinnon Download PDF EPUB FB2

Gradual Versus Rapid Liberalization in Socialist Economies: Financial Policies in China and Russia Compared (SECTOR STUDIES) Paperback – October 1, Author: Ronald I. McKinnon. Gradual Versus Rapid Liberalization in Socialist Economies by Ronald I McKinnon,available at Book Depository with free delivery worldwide.

From to China experienced gradual liberalization with a fairly stable price level. The more rapid liberalizations attempted after in E We use cookies to enhance your experience on our continuing to use our website, you are agreeing to our use of by: Gradual Versus Rapid Liberalization in Socialist Economies: Financial Policies in China and Russia Compared (SECTOR STUDIES).

Gradual versus rapid liberalization in socialist economies: the problem of macroeconomic control (English) Abstract. From to China experienced gradual liberalization with a fairly stable price level. The more rapid liberalization attempted after in Eastern Europe, and the former USSR generated much higher by: Get this from a library.

Gradual versus rapid liberalization in socialist economies: financial policies in China and Russia compared. [Ronald I McKinnon; International Center for Economic Growth.]. 86 Gradual versus Rapid Liberafization in Socialist Economies.

In great contrast to the financial deepening in China, where the ratio of M2to. GNP was higher than percent by the end ofthe purchasing power of money (in rubles) held by the nonbank public in Russia had become very small. From to China experienced gradual liberalization with a fairly stable price level.

The more rapid liberalizations attempted after in E We use cookies to enhance your experience on our continuing to use our website, you are agreeing to our use of cookies.

Gradual Versus Rapid Liberalization in Socialist Economies: Financial Policies in China and Russia Compared (SECTOR STUDIES) Paperback – 1 October Author: Ronald I. McKinnon. 10 Ronald McKinnon, "Gradual versus Rapid Liberalization in Socialist Economies: The Problems of Macroeconomic Control," in Michael Bruno and Boris Pleskovic, eds., Proceedings of the World Bank Annual Conference on Development Economics, (Washington, D.C.: World Bank, ); John.

Gradualism versus Big-Bang in Economic Transition Theory As aforementioned, there are two general types of economic policy program to organize the transition from socialism to a market economy: big-bang versus gradualism.4 The first is a radical and comprehensive economic programme, in which macroeconomic stabilization.

E CQ2~nya R tqqdi Gradual versus Rapid Liberalization in Socialist Economies The Problem of Macroeconomic Control. By Ronald I. Mckinnon. Abstract. From to China experienced gradual liberalization with afairly stabl Year: OAI identifier: oai: Author: Ronald I.

Mckinnon. Foreign Trade, Protection, and Negative Value-Added in a Liberalizing Socialist Economy: p. Financial Growth and Macroeconomic Stability in China, Implications for Russia and Eastern Europe: p.

Gradual versus Rapid Liberalization in Socialist Foreign Trade: Concluding Notes on Alternative Models: p. References: p. As we explain, the transition from socialism to capitalism divided those who advocated in favor rapid economic reforms from those who advocated in favor of a more gradual approach.

Empirical evidence derived from 25 years of reforms, and their economic and political outcomes, enabled us to test the validity of those two approaches. Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the s.

In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization.

10 McKinnon, Ronald, “Gradual versus Rapid Liberalization in Socialist Economies: The Problems of Macroeconomic Control,” in Bruno, Michael and Pleskovic, Boris, eds., Proceedings of the World Bank Annual Conference on Development Economics, (Washington, D.C.: World Bank, ); McMillan, John and Naughton, Barry, “How to Reform a Cited by: Gradual versus rapid liberalization in socialist economies: Financial policies and macroeconomic stability in China and Russia compared.

Paper presented at the World Bank's Annual Bank Conference on Development Economics, Washington, D.C. Google ScholarAuthor: William N. Trumbull. Gradual versus rapid liberalization in socialist economies: the problem of macroeconomic control (English) From to China experienced gradual liberalization with a fairly stable price level.

A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. McKinnon, Ronald I. (), ‘Gradual versus Rapid Liberalization in Socialist Economies: Financial Policies and Macroeconomic Stability in China and Russia Compared’, Annual Bank Conference on Development Economics (Washington DC: World Bank).

Google ScholarCited by: 1. Autobiography, pages., Gradual Vs Rapid Liberalization in Socialist Economies Financial Policies in China and Russia Compared., Book Marketing The Ultimate Guide to Book Promotion, Joel Hochman, Larry Leichman, Jan 1,Business & Economics, 71 pages, MARKET YOUR BOOK INTO A BESTSELLER!

Learn tips, techniques and strategies to drive mega.The World Bank Economic Review, Volume 7, Issue suppl_1, 1 OctoberPages 1–6, https: Gradual versus Rapid Liberalization in Socialist Economies: The Problem of Macroeconomic Control Comment on “Gradual versus Rapid Liberalization in Socialist Economies,” by.

An experiment with rapid liberalization is currently under way in Poland, but the outcome of the elections in Hungary suggests that the new Government in Budapest may follow a more gradual .