A Guide to Economies in Transition - download pdf or read online

By Ian Jeffries

ISBN-10: 0415136849

ISBN-13: 9780415136846

This quantity offers an in-depth evaluation of significant fiscal advancements in these economies that are in a few degree of transition, following the cave in of communism within the jap block. The e-book is split into 4 elements: * theoretical matters within the transition from command to industry economies * the occasions within the fifteeen self sufficient nations of the previous Soviet Union * jap Europe * non-European states In all, the writer chronicles occasions from 1993 to 1995 in thirty-five international locations. fiscal advancements are set of their political context and provided chronologically so far as attainable. A consultant to the Economies in Transition contains on the place Ian Jeffries' past ebook left off. The paintings is fullyyt new and, as such, could be visible as a significant other to the sooner identify. those books have gotten often called beneficial publications, offering specified degrees of reference in paintings of this sort.

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Extra info for A Guide to Economies in Transition

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While income tax can be employed to achieve distributional objectives and excise and import duties to attain allocative goals, the focus of VAT should be on revenue. If VAT is not to resemble the kind of bookkeeping exercise of the old turnover tax in socialist countries, the introduction of VAT should be preceded by a substantial degree of price liberalization and enterprise autonomy. Hussain and Stern (1993) point out that the usual model is the West European tax structure (p. 67). The following are typical: personal income tax (including social security contributions); a substantial shift from taxes on enterprises to taxes on persons and the introduction of corporation tax integrated with personal income tax; VAT and excise taxes on selected commodities; and property taxes (p.

A ‘social safety net’ (especially an unemployment compensation scheme). 5. The need for international aid (and a generous trade policy by Western countries) (pp. 45–6). The need for liberalization of foreign trade, including rapid current account convertibility, is emphasized: ‘International competition would provide the competition in the internal market that Polish firms themselves would not provide at the start. If free trade could be introduced, prices could be liberalized’ (p. 50). Sachs stresses the urgency of taking advantage of the political ‘honeymoon’ period to pursue rapid and comprehensive economic reforms.

G. in expanding the non-state sector) compared with the socialist countries of Eastern Europe and the Soviet Union. The relevance of China’s economic system to Russia in particular has also been tackled. John Gittings (The Guardian, 19 April 1993, p. 6) points out that Russian diaspora has nothing like the same entrepreneurial talent or capital as the overseas Chinese, who have invested massively in China). Russia lacks the proximity of the dynamic economies of East and South East Asia, in search of cheap labour, and Russia inherited huge and highly mechanized farms.

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A Guide to Economies in Transition by Ian Jeffries

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