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Reforms in the Transitional Economies of Asia

dc.contributor.authorPradumna B. Rana
dc.date.accessioned2015-03-18T12:26:08Z
dc.date.available2015-03-18T12:26:08Z
dc.date.issued1993-12-15
dc.identifier.issn0117-5492
dc.identifier.urihttp://hdl.handle.net/11540/3172
dc.description.abstractVirtually all the world's formerly planned economies have recently undertaken systemic reforms with the ultimate objective of replacing central planning with reliance on market mechanisms. The proposed reforms have been fundamental and have had significant impact on all sectors of the economy. Implementing these reforms has proved difficult for a number of reasons, including the lack of historical precedents from which to derive lessons. To date, the results of the liberalization efforts in Eastern Europe and the former Soviet Union (FSU) have been disappointing. While some signs of economic recovery have started to emerge in Poland, the former Czechoslovakia and Hungary, output has generally fallen. The decline has been most rapid in the countries with the most ambitious liberalization programs. In contrast, output in the transitional economies of Asia (TEAs)—comprising the People's Republic of China (PRC), Lao People's Democratic Republic (Lao PDR), Mongolia, Myanmar and Viet Nam—has generally continued to grow after liberalization at more or less the same rate as during the pre-reform period. Price stability has also generally been maintained in the TEAs.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleReforms in the Transitional Economies of Asia
dc.typeWorking Papers
dc.subject.expertEconomic Development
dc.subject.expertEconomic Infrastructure
dc.subject.expertEconomic Policies
dc.subject.expertRegional Economic Development
dc.subject.expertMicrofinance Programs
dc.subject.expertPublic Finance
dc.subject.expertLocal Financing
dc.subject.expertFinancial Stability
dc.subject.expertFinancial Sector Regulation
dc.subject.adbEnterprises
dc.subject.adbFinancial aid
dc.subject.adbEconomies in transition
dc.subject.adbLocal Finance
dc.subject.adbLocal Government
dc.subject.adbInsurance Companies
dc.subject.adbBanks
dc.subject.adbSocial Equity
dc.subject.naturalSocial responsibility of business
dc.subject.naturalAccounting
dc.subject.naturalPersonal budgets
dc.subject.naturalCost and standard of living
dc.subject.naturalBank accounts
dc.subject.naturalCredit control
dc.subject.naturalRegulatory reform
dc.subject.naturalBanks and banking
dc.title.seriesOccasional Papers
dc.contributor.imprintAsian Development Bank
oar.themeEconomics
oar.themeFinance
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-002967
oar.authorRana, Pradumna B.
oar.importtrue
oar.googlescholar.linkpresenttrue


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