Pension Reform in Hungaryie
Peter Gedeon
IWH-Sonderhefte,
Nr. 5,
2000
Abstract
In Hungary social policy reforms in general and the pension reform in particular followed the introduction of the institutions of market economy with a considerable time lag, if at all. Although it was clear from the outset that the communist welfare state could not be sustained, comprehensive institutional reforms in the pension or health care systems were not introduced in the first six years of the postsocialist transition. This uneasiness to reform the social security systems has to do with the contradicting constraints decision makers have to face in the process of systemic change.
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Financial crisis and problems yet to solve - conference proceedings
IWH-Sonderhefte,
Nr. 6,
2000
Abstract
Since the beginning of 1997, a currency and/or banking crisis broke out in several transition countries (Bulgaria, Romania, the Czech Republic, Russia, Ukraine). In 1995, Hungary avoided a financial crisis by adjusting properly her macroeconomic policies. Financial markets in transition countries are still small. They gain, however, more and more importance for the entire economy. Part of the countries mentioned are candidates for EU membership. They have to show their ability to stabilize their exchange rates and financial sectors. The fact that overcoming the financial crisis in Asia and Latin America required international assistance (e.g. IMF) underlines the political importance of strategies of preventing such crises in the EU's immediate neighborhood.
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The Macroeconomics of Transition. The Case of Eastern Germany
Rüdiger Pohl
Externe Publikationen,
2000
Abstract
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Transition from Planned to Market Economies Ten Years on
Jens Hölscher, Johannes Stephan
Osteuropa-Wirtschaft,
Nr. 2,
2000
Abstract
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Trade structure and trade liberalization. The emerging pattern between the EU and Transition Economies
Hubert Gabrisch, Maria Luigia Segnana
IWH Discussion Papers,
Nr. 108,
1999
Abstract
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The Asian and the Russian Financial Crises: Propagation Effects and Policy Responses in Central Europe’s Transition Economies
Lucjan T. Orlowski
IWH Discussion Papers,
Nr. 104,
1999
Abstract
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Economic Transition in Hungary and East Germany – Gradualism and Shock Therapy in Catch-Up Development. Studies
Johannes Stephan
Economic Transition,
1999
Abstract
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Privatization, restructuring and FDI in transition economies: Are bad debts a problem?
Axel Brüggemann
IWH Discussion Papers,
Nr. 78,
1998
Abstract
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The Role of Real Exchange Rates in the Central European Transformation
Lucjan T. Orlowski
Forschungsreihe,
Nr. 1,
1998
Abstract
The study eamines the interactions between real exchange rates, current accounts and capital account balances in Poland, Hungary and the Czech Republic. The empirical investigation leads to a strong endorsement of more flexible exchange rates in the present stage of the economic transformation process of the former socialist countries in Central and Eastern Europe. Exchange rate flexibility allows more independent monetary policies that focus on financing structural adjustments and institutional changes in transition economies. However, the integration process with the European Union and more remote considerations of possible accession to the European Monetary Union will require a gradual move to fixed exchange rates and to an exchangerate-based monetary policy.
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Energy Price Liberalisation in a Transition Economy, the Case of East Germany
Martin Weisheimer, Ilka Lewington
Externe Publikationen,
1995
Abstract
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