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@inproceedings{369061,
author = {Kvizda, Martin},
address = {Meknes},
booktitle = {Réformes économiques, croissance et développement.},
edition = {1.},
keywords = {transition; macroeconomic policy; fiscal policy; monetary policy},
language = {eng},
location = {Meknes},
pages = {62-66},
publisher = {Universite libre de Bruxelles},
title = {Institutional aspects of the economic transition},
year = {2001}
}
TY - JOUR
ID - 369061
AU - Kvizda, Martin
PY - 2001
TI - Institutional aspects of the economic transition
PB - Universite libre de Bruxelles
CY - Meknes
KW - transition
KW - macroeconomic policy
KW - fiscal policy
KW - monetary policy
N2 - Within the economic transition the institutional structure and behaviour of the national economy have been changing; that is why an economic analysis of this process is very difficult. The transition from a centrally planned into a market economy has got three main aspects which can complicate its description by means of the general economic theory: underdeveloped market institutions, a limited access to capital sources, and consistency of macroeconomic policies. These aspects are connected together by functioning of the fiscal policy and the monetary policy. Any strategy success or failure depends on a mutual co-operation between the fiscal and the monetary policies, i.e. on the relation between the government and the central bank.
ER -
KVIZDA, Martin. Institutional aspects of the economic transition. In \textit{Réformes économiques, croissance et développement.}. 1st ed. Meknes: Universite libre de Bruxelles, 2001, p.~62-66, 4 pp.
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