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

Author

Listed:
  • Bijan B. Aghevli
  • Eduardo Borensztein
  • Tessa Van der Willigen

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.

Suggested Citation

  • Bijan B. Aghevli & Eduardo Borensztein & Tessa Van der Willigen, 1992. "Stabilization and Structural Reform in the Czech and Slovak Federal Republic; First Stage," IMF Occasional Papers 92, International Monetary Fund.
  • Handle: RePEc:imf:imfocp:92
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    Cited by:

    1. Carlos A. Végh Gramont & Ratna Sahay, 1995. "Dollarization in Transition Economies; Evidence and Policy Implications," IMF Working Papers 95/96, International Monetary Fund.
    2. 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.
    3. Jana Marková, 2015. "Quarter of a Century of the Czech Republic’s Membership in the International Monetary Fund," Acta Oeconomica Pragensia, University of Economics, Prague, vol. 2015(6), pages 75-91.
    4. 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.

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