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Transition 3 (7) (English)

The contents of this socialist economies in transition newsletter include: persistent economic decline in Central and Eastern Europe: what are the lessons? The Russian file: interview with International Monetary Fund (IMF); social systems in the new Central Asian states; research update: the labor market in transitional economies; Hungarian minister on privatization; the Czech-Slovak privatization program: after the first wave; quotation of the month: "levels of disbursements are disappointingly; milestone of transition; conference diary; World Bank/IMF agenda; new books and working papers; change in the masthead; and bibliography of selected articles.


  • Author

    Blejer, Mario I. Gelb, Alan Posarac, Aleksandra Hirschler, Richard [editor]

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    The World Region,

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  • Doc Name

    Transition 3 (7)

  • Keywords

    Privatization;access to health care service;scheme will;upper credit tranche arrangement;terms of trade loss;social transfer;Macroeconomic Policy;transfers in kind;transfers in cash;exchange rate policy;volume of transaction;Exchange rate policies;real exchange rate;nominal exchange rate;gross domestic product;means of exchange;interest rate policy;share of state;owner of state;annual inflation rate;privatization investment funds;process of privatization;social policy reform;transmission of shocks;labor market variable;state enterprises;market economy;trade union;common feature;sick leave;macroeconomic stabilization;Exchange Rates;stabilization fund;child allowance;privatization program;privatization law;joint-stock company;Income policies;social security;economic reform;measure output;output loss;trade shock;privatization process;budget expenditure;maternity leave;official statistic;pensionable age;free education;institutional framework;radical reform;welfare institution;fiscal measure;budget deficit;privatization minister;management buyout;commercial bank;fiscal discipline;employment opportunity;state sector;enterprise solution;privatization method;wage bargaining;operative ownership;public domain;legal framework;incomes policy;public asset;aggregate wages;automotive industry;private owner;state ownership;macroeconomic data;diversified enterprise;Bankruptcy Law;income growth;real wage;budget outlay;Funeral Allowances;foreign trade;early retirement;average age;absolute poverty;eligibility requirement;population group;specialized bank;mortgage loan;employment opportunities;telecommunications service;guarantee system;european community;privatization technique;loss-making enterprise;industrial structure;foreign investor;import regime;market competition;company share;privatization wave;share offer;crawling peg;consumer price;Social Welfare;unemployment increase;infant industry;fringe benefit;managerial practice;productive activity;political change;human factor;free health;social repercussions;product market;credit expansion;net expenditure;vulnerable group;severance pay;unemployment benefit;hard budget;press release;reform strategy;policy suggestions;external policy;monetary coordination;foreign exchange;reform process;school transportation;credit market;food demand;national currency;financial market;official estimates;liberalized trade;central bankers;production indicators;monetary policy;payment unions;policy program;financial discipline;consumer durable;economic enterprise;External Finance;world price;official reserve;industrial sector;real output;transfer payment;International Trade;state farm;legal reform;Civil War;regional output;industrial enterprise;direct credit;political imperative;credit scheme;voluntary agreement;market mechanism;port capacity;stabilization program;real credit;output decline;credit squeeze;wage increase;Health Service;social right;real value;human rights;income range;research program;econometric work;Wage flexibility;



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Blejer, Mario I. Gelb, Alan Posarac, Aleksandra Hirschler, Richard [editor]

Transition 3 (7) (English). Washington, D.C. : World Bank Group.