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Financial Factors in Economic Stabilization and Growth
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Mario I Blejer (Editor), Professor Zvi Eckstein (Editor), Zvi Hercowitz (Editor)
With the advent of increased capital mobility, financial factors have become of key importance for the processes of stabilization and growth in developing developed, and transforming economies. The size of international capital movements and the financial intermediation industry has become so large that these factors could become the dominant ...
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Macroeconomic Stabilization in Transition Economies
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Mario I Blejer (Editor), Marko Skreb (Editor)
The essays in this volume explore the special type of policies that were needed in the post-socialist countries of Eastern Europe and the former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism. The book contains a number of general studies that discuss the type of reforms needed and ...
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Financial Policies in Emerging Markets
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Mario I Blejer (Editor), Marko Skreb (Editor)
The 1994-1995 Mexican crisis was the first in a succession of financial crises to hit emerging markets in Thailand, Indonesia, Malaysia, South Korea, Russia, Brazil, Argentina and Turkey. In almost all these cases, problems in the banking sector played a key role. Any analysis of recent developments in emerging market economies must consider two ...
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Central Banking, Monetary Policies, and the Implications for Transition Economies
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Mario I Blejer (Editor), Marko Skreb (Editor)
The polemic about the proper role of monetary policies and the appropriate functions of central banks has received renewed stimulus from a number of very current events. In Europe, the creation of a supranational central bank has been realized. In the United States and other industrial as well as emerging countries, the attributes and functions of ...
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Transition: The First Decade
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Mario I Blejer (Editor), Marko Skreb (Editor)
The former socialist countries' transition to market economies is one of the momentous transformations in modern history. The pace and degree of success have varied widely, and there is increasing divergence in performance, structure, and institutions among the transition economies. These differences are largely determined by country-specific ...
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Balance of Payments, Exchange Rates, and Competitiveness in Transition Economies
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Marko Skreb (Editor), Mario I Blejer (Editor)
Integrating transition economies into the global commercial and trade market system is a prolonged and risky process. This book is a collection of studies dealing with the different issues related to the liberalization of external relations in economies moving from a socialist to a market-based system. The focus is on external sector developments, ...
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Fiscal Policy and Economic Reform: Essays in Honor of Vito Tanzi
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Mario I Blejer (Editor), Teresa Ter-Minassian (Editor)
This second volume of essays in honour of Vito Tanzi focuses on the importance of fiscal policy on the wholesale economic reforms that are sweeping the advanced, less developed and formally communist countries. Issues analyzed include the role of fiscal and budgetary policies in the process of reform, the impact of privatization on the exchequer ...
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Macroeconomic Dimensions of Public Finance: Essays in Honour of Vito Tanzi
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Mario I Blejer (Editor), Teresa Ter-Minassian (Editor)
There is no magic formula for balancing fiscal policy and economic performance. As a scholar and policy advisor, Vito Tanzi has made a major contribution to identifying links between public finance and macro- and microeconomic consequences. His findings bear relevance in both developing and industrialized economies. The essays in this volume and ...
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Fiscal Policy, Stabilization, and Growth in Developing Countries
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Mario I. Blejer (Editor), Ke-Young Chu (Editor)
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How to Measure the Fiscal Deficit: Analytical and Methodological Issues
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Mario I Blejer
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Financial Sector Transformation: Lessons from Economies in Transition
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Mario I Blejer (Editor), Marko Skreb (Editor)
While policy makers need to be focused on achieving and sustaining basic macroeconomic stability in the transition of economies from a socialist to a market orientation, financial institutions and reforms play a particularly crucial role in this transformation. The essays in this collection offer overviews of issues in banking sector reform and ...
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China: Economic Reform and Macroeconomic Management
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Mario I Blejer
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Optimum Currency Areas: New Analytical and Policy Developments
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Mario I Blejer (Editor), Leonardo Leiderman (Editor), Jacob A Frenkel (Editor)
This volume is the result of a symposium on optimum currency areas, where experts presented their views on the theoretical and policy-oriented implications of Robert Mundell's concept of an optimum currency area, and its relevance for the European economic and monetary union.
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Albania, from Isolation Toward Reform
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Mario I Blejer
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The Making of Economic Reform in Eastern Europe: Conversations with Leading Reformers in Poland, Hungary, and the Czech Republic
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Mario I Blejer
This text features interviews with three of the key human actors behind the reforms in Eastern Europe: Lesek Balcerowicz, Polish Deputy Prime Minister and Minsiter of Finance, 1990-91; Peter Akos Bod, President of the National Bank of Hungary and formerly Minister of Industry; and Vaclav Klaus, Prime Minister of the Czech Republic and ...
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Financial Policies in Emerging Markets
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Mario I. Blejer
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Inflation Targeting in Practice Inflation Targeting in Practice: Strategic and Operational Issues and Application to Emergingstrategic and Operational Issues and Application to Emerging Market Economies Market Economies
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by
Mario I Blejer (Editor), Alain Ize (Editor), Alfredo M Leone (Editor)
A growing number of countries are anchoring their monetary policy through explicit inflation targeting. This policy has already scored remarkable successes in several countries, establishing central bank credibility, and reining in inflation where it had long been stubbornly high. But implementing inflation targets raises many difficult questions. ...
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