Completing Transition

The Main Challenges

By: Gertrude Tumpel-Gugerell (Editor), Lindsay Wolfe (Editor), Peter Mooslechner (Editor)

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Hardcover | 29 October 2001

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Hardcover
308 Pages

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23.5 x 16.51 x 2.54

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"Completing Transition: The Main Challenges" was the topic around which the Oesterreichische Nationalbank and the Joint Vienna Institute organized a high-level conference in 2000, in a continuation of long-standing efforts to promote the dialogue and understanding between various regions in Europe. Given the heterogeneity of the transition countries of Central and Eastern Europe and the heterogeneity of progress toward convergence, the outlook for finishing transition is divergent. However, what will generally be important is corporate governance and institutional reform to sufficiently underpin macroeconomic success, plus a definite commitment of the responsible institutions in the transition countries to follow the chosen policies consistently.

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Non-Fiction Earth Sciences, Geography, Environment, Planning Geography Human Geography Economic Geography Economics International Economics International Trade Development Economics & Emerging Economies Economic Systems & Structures Science Physics

Classical Mathematics Wave Mechanics including Vibration & Acoustics Political Economy Society & Social Sciences

Foreword	p. ix
Acknowledgments	p. xi
Editorial
Gertrude Tumpel-Gugerell	p. 3
Welcoming Remarks
Lindsay Wolfe	p. 7
Addresses
The Continuing Challenge of Transition and Convergence	p. 11
Completing Transition - The Main Challenges	p. 17
Transition Economies and the WTO	p. 24
Luncheon Speech	p. 27
Transition - Where Are We?
Transition and Vested Interests	p. 35
The Transition - Where Are We? A Commentary on PolandÆs Experiences	p. 40
Slovakia on the Road to a Market Economy in 2000	p. 51
The Transition - Where Are We? Experience and Lessons from Armenia	p. 60
Corporate Sector Reform
The Next Challenge in Corporate Restructuring: Activating the Financial Sector	p. 71
Corporate Reform in Russia and the Former Soviet Union: The First Ten Years	p. 75
Financial Sector Reform
The Role of Central Banks in Financial Sector Reform	p. 99
The Challenges of Bank Restructuring and Banking Supervision in Transition Economies	p. 104
Experience and Perspectives of Financial Sector Development in Central and Eastern Europe	p. 108
Fiscal Policy Challenges
Fiscal Policy Challenges: Transition Countries and OECD Experiences	p. 115
Fiscal Policy Challenges in Transition: Experience in the Czech Republic	p. 119
Quality of Public Finances: Value Dimensions of Budget Policy	p. 123
Social Sector Reform in Transition Countries	p. 129
Fiscal Policy and EU Accession - Transparency and Medium-Term Budgeting	p. 151
Monetary Policy Challenges
Monetary Policy Challenges in Transition and Toward Accession	p. 161
Monetary Policy in Central and Eastern Europe: The Case for Monetary Strategy Based on Exchange Rates	p. 185
Monetary Policy in Central and Eastern Europe: The Case for Direct Inflation Targeting	p. 191
Exchange Rate Arrangements in Transition to EMU: Some Arguments in Favor of Early Adoption of the Euro	p. 203
Presentation of the Olga Radzyner Award	p. 215
Integration into the Global Economy
Transition Economies and the Multilateral Trading System: Introductory Remarks	p. 219
Trade Integration and Changing Trade Structures of Transition Economies	p. 222
Transition Economies - Integration into the World Economy	p. 248
Where Do We Go from
How to Go Forward in Transition	p. 257
Completing Transition: The Case of Hungary	p. 267
Transition Experiences and Challenges in Romania	p. 276
Russia: Experiences and Challenges	p. 280
Concluding Remarks	p. 284
List of participants	p. 287
Table of Contents provided by Publisher. All Rights Reserved.

Completing Transition

The Main Challenges

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