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The Romanian Economic Reform Program

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Author Info

  • Dimitri G. Demekas
  • Mohsin S. Khan

Abstract

With the start of the process of its transition to a market economy in early 1990, Romania joined the ranks of other reforming Eastern European countries. At the starting point of its reform program, however, Romania was in a deep economic and institutional crisis and had no experience in even modest attempts to reform its economy. This paper outlines the main characteristics of the Romanian economic system before the reform, and presents the evolution of the reform program, as well as its achievements in the first year or so since it was launched.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 91/80.

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Length: 56
Date of creation: 01 Aug 1991
Date of revision:
Handle: RePEc:imf:imfwpa:91/80

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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. Paternostro, Stefano & Sahn, David E., 1999. "Wage determination and gender discrimination in a transition economy : the case of Romania," Policy Research Working Paper Series 2113, The World Bank.
  3. Sahay, Ratna & Vegh, Carlos, 1995. "Dollarization in transition economies: Evidence and policy implications," MPRA Paper 20490, University Library of Munich, Germany.
  4. Feltenstein, Andrew & Jiming Ha, 1993. "An analysis of repressed inflation in three transitional economies," Policy Research Working Paper Series 1132, The World Bank.
  5. Carlos A. Végh Gramont & Ratna Sahay & Guillermo Calvo, 1995. "Capital Flows in Central and Eastern Europe," IMF Working Papers 95/57, International Monetary Fund.
  6. Glismann, Hans H. & Schrader, Klaus, 1993. "Privatisierung staatlichen Eigentums in den mittel- und osteuropäischen Ländern: eine kritische Analyse," Kiel Working Papers 573, Kiel Institute for the World Economy.

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