It takes the average reader and 19 minutes to read Obstacles to Transforming Centrally-Planned Economies by Mr.Jacob A. Frenkel
Assuming a reading speed of 250 words per minute. Learn more
This paper identifies obstacles hindering the transformation of centrally-planned economies (CPEs) into well-functioning market economies. The obstacles identified relate to (i) anticipatory dynamics, (ii) monetary overhang and the budget, and (iii) underdeveloped credit markets. It is demonstrated that these obstacles inhibit the effectiveness of price reform, monetary and credit policies, and trade liberalization. The analysis focuses on various ways to remove the obstacles. In this regard, a special examination is made of the implications of “cleaning” the balance sheets of enterprises and banks from nonperforming loans, as well as ways to enhance credibility. The paper concludes with a brief discussion of sequencing, “safety nets,” and their associated obstacles.
Obstacles to Transforming Centrally-Planned Economies by Mr.Jacob A. Frenkel is 19 pages long, and a total of 4,921 words.
This makes it 6% the length of the average book. It also has 6% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 26 minutes to read Obstacles to Transforming Centrally-Planned Economies aloud.
Obstacles to Transforming Centrally-Planned Economies is suitable for students ages 6 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Obstacles to Transforming Centrally-Planned Economies by Mr.Jacob A. Frenkel is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Obstacles to Transforming Centrally-Planned Economies by Mr.Jacob A. Frenkel on Amazon click the button below.
Buy Obstacles to Transforming Centrally-Planned Economies on Amazon