Bookbronze1992

Stabilization and Structural Reform in the Czech and Slovak Federal Republic: First Stage

Eduardo R. Borensztein · Tessa Van der Willigen

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Post-Communist Economic and Political Transition Eastern European Communism and Reforms Russia and Soviet political economy

Abstract

On January 1, 1991, the Czech and Slovak Federal Republic launched a comprehensive reform program designed to establish a market economy. This paper charts the progress of the reform program in the context of Czechoslovakia's prewar history as a major industrial power, its subsequent slow economic decline under Communism, and its recent integration into the world economy following the collapse of the Council for Mutual Economic Assistance.

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References

1986The Soft Budget Constraint 1990Privatization in Eastern Europe: The Case of Poland 1991Exchange Rate Policy in Developing Countries: Some Analytical Issues 1990The European Monetary System: Developments and Perspectives 1992The Internationalization of Currencies: An Appraisal of the Japanese Yen 1991Value-Added Tax: Administrative and Policy Issues 1992Stabilizing a Previously Centrally Planned Economy: Poland 1990 1991Ghana: Adjustment and Growth, 1983-91

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1993Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility

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