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

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  • Bijan B. Aghevli
  • Eduardo Borensztein
  • Tessa Van der Willigen
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    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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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Occasional Papers with number 92.

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    Length: 52
    Date of creation: 15 Mar 1992
    Date of revision:
    Handle: RePEc:imf:imfocp:92

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    Cited by:
    1. Christos Papazoglou, 1999. "Exchange Rate Policy and Output Growth: The Experience of the Transition Economies of Central and Eastern Europe," Post-Communist Economies, Taylor & Francis Journals, vol. 11(3), pages 319-336.
    2. Sahay, Ratna & Vegh, Carlos, 1995. "Dollarization in transition economies: Evidence and policy implications," MPRA Paper 20490, University Library of Munich, Germany.
    3. Commander, Simon & Coricelli, Fabrizio, 1992. "Output decline in Hungary and Poland in 1990-91 : structural change and aggregate shocks," Policy Research Working Paper Series 1036, The World Bank.

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