From Transition to Market Evidence and Growth Prospects

This paper presents evidence on the behavior of output and inflation in the transition economies during 1992–95. A regression analysis explores the differences in output performance across the transition economies during this period. The paper then engages in a numerical, somewhat speculative, exerc...

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Bibliographic Details
Main Author: Sahay, Ratna
Other Authors: Fischer, Stanley, Végh Gramont, Carlos
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1998
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a From Transition to Market  |b Evidence and Growth Prospects  |c Ratna Sahay, Stanley Fischer, Carlos Végh Gramont 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1998 
300 |a 36 pages 
651 4 |a Russian Federation 
653 |a Inflation 
653 |a Wealth 
653 |a Economics 
653 |a Exchange rate arrangements 
653 |a Demographic Trends, Macroeconomic Effects, and Forecasts 
653 |a Saving 
653 |a Government consumption 
653 |a Deflation 
653 |a Open Economy Macroeconomics 
653 |a Currency 
653 |a National accounts 
653 |a Economic Growth of Open Economies 
653 |a Population and demographics 
653 |a Price Level 
653 |a Foreign Exchange 
653 |a Population growth 
653 |a Conventional peg 
653 |a Demography 
653 |a Consumption 
653 |a Prices 
653 |a Population 
653 |a Population & migration geography 
653 |a Macroeconomics 
653 |a Macroeconomics: Consumption 
653 |a Foreign exchange 
653 |a Socialist Systems and Transitional Economies: General 
700 1 |a Fischer, Stanley 
700 1 |a Végh Gramont, Carlos 
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520 |a This paper presents evidence on the behavior of output and inflation in the transition economies during 1992–95. A regression analysis explores the differences in output performance across the transition economies during this period. The paper then engages in a numerical, somewhat speculative, exercise to assess the long-run growth potential of the transition economies. It concludes that it should take about 20 years for the faster reformers to reach current OECD per capita levels