How Long to Read Obstacles to Transforming Centrally-Planned Economies

By Mr.Jacob A. Frenkel

How Long Does it Take to Read Obstacles to Transforming Centrally-Planned Economies?

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

Description

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.

How long is Obstacles to Transforming Centrally-Planned Economies?

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.

How Long Does it Take to Read Obstacles to Transforming Centrally-Planned Economies Aloud?

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.

What Reading Level is Obstacles to Transforming Centrally-Planned Economies?

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.

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