Reforming Prices

Reforming Prices

Author: Anand Rajaram

Publisher: World Bank Publications

Published: 1992

Total Pages: 54

ISBN-13:

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This paper reviews the experience of price reform in China, as well as selected East European countries. Price reform is an essential element of any program that seeks to achieve sustained and rapid economic growth in China via improvements in factor productivity. For price liberalization to generate sustainable growth, reform must occur within a framework that takes into account the interdependencies between the real sector and financial and institutional elements of the economy. The experience of Eastern Europe suggests that cycles of progressively more severe macro-instability can significantly reduce the degrees of freedom available to the authorities, undermine gradual reform attempts and substantially raise the costs of the eventual adjustment. Policy makers in China have demonstrated that they can successfully fashion a national consensus to control inflation. A similar understanding of the need for fiscal and monetary restraint must underpin any program of economic reforms. As China proceeds with price reform, complementary pricing actions will be required so as to maximize the allocative gains. The eventual goal of price reform should be to achieve full price liberalization. Side by side with the liberalization of domestic prices exchange rate adjustment and reform of the trade regime allows for a closer link between domestic relative prices and international relative prices. China has already taken steps to unify the exchange rate and promote trade.


Reforming China

Reforming China

Author: Dongtao Zhou

Publisher: Paths International Ltd

Published: 2010-09-01

Total Pages: 515

ISBN-13: 9814298034

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Enrich Series on China's Economic Reform illustrates China's Reform Experiences from an executive perspective. This book reviews the background to and achievements of China's economic reforms. It analyzes the reforms processes from the perspective of priv


Reforming Journalism

Reforming Journalism

Author: Marvin Olasky

Publisher: P & R Publishing

Published: 2019

Total Pages:

ISBN-13: 9781629956671

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"Marvin Olasky, editor-in-chief of World magazine, lays out the foundational principles, practical techniques, and history of journalism, showing us how to become citizen-reporters and discerning consumers of news"--


Reforming the World

Reforming the World

Author: Ian Tyrrell

Publisher: Princeton University Press

Published: 2010-07-01

Total Pages: 337

ISBN-13: 1400836638

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Reforming the World offers a sophisticated account of how and why, in the late nineteenth and early twentieth centuries, American missionaries and moral reformers undertook work abroad at an unprecedented rate and scale. Looking at various organizations such as the Young Men's Christian Association and the Student Volunteer Movement for Foreign Missions, Ian Tyrrell describes the influence that the export of American values had back home, and explores the methods and networks used by reformers to fashion a global and nonterritorial empire. He follows the transnational American response to internal pressures, the European colonies, and dynamic changes in global society. Examining the cultural context of American expansionism from the 1870s to the 1920s, Tyrrell provides a new interpretation of Christian and evangelical missionary work, and he addresses America's use of "soft power." He describes evangelical reform's influence on American colonial and diplomatic policy, emphasizes the limits of that impact, and documents the often idiosyncratic personal histories, aspirations, and cultural heritage of moral reformers such as Margaret and Mary Leitch, Louis Klopsch, Clara Barton, and Ida Wells. The book illustrates that moral reform influenced the United States as much as it did the colonial and quasi-colonial peoples Americans came in contact with, and shaped the architecture of American dealings with the larger world of empires through to the era of Woodrow Wilson. Investigating the wide-reaching and diverse influence of evangelical reform movements, Reforming the World establishes how transnational organizing played a vital role in America's political and economic expansion.


Reforming Agricultural Trade for Developing Countries

Reforming Agricultural Trade for Developing Countries

Author: John Nash

Publisher: World Bank Publications

Published: 2006-11-09

Total Pages: 330

ISBN-13: 0821364979

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In the ongoing Doha Development Round of World Trade Organization negotiations, developing countries have had much greater leverage, due at least in part to their large and growing share of world trade. But will the increased influence of developing countries translate into a final agreement that is truly more development-friendly? What would be key ingredients in such a final outcome of the negotiations, and what would the developing countries really get out of it. This two volume set seeks to answer these questions. This volume (Volume 1) is issues-oriented. It takes up some key questions in the negotiations, setting the stage with a historical overview of the Doha Development Agenda to help identify issues of most significance to developing countries, and then explores select issues in greater depth. Volume 2 addresses the question of how a development-friendly outcome to the talks would affect developing countries by quantifying the impact of multilateral trade reform. It presents several different approaches to modeling the effects of the outcome of negotiations, and then investigates why these (and other) modeling efforts produce such divergent results. Aimed at policymakers and stakeholders, this two-volume effort puts into the public domain important analytical work that will improve the chance for a pro-development outcomes of the Doha round negotiations.


Equity and Efficiency in the Reform of Price Subsidies

Equity and Efficiency in the Reform of Price Subsidies

Author: Mr.Juan Pablo Cordoba

Publisher: International Monetary Fund

Published: 2000-12-06

Total Pages: 48

ISBN-13: 9781557759733

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This text provides guidance to policymakers on how to design and implement sound price-subsidy reforms. It draws on the experience of price-subsidy reform in 28 countries. The authors discuss economic and political considerations and make several recommendations concerning the speed of reform and social protection mechanisms. They discuss how the social impact of reform can be limited by establishing cost-effective and well-targeted temporary social protection mechanisms, and how governments can reduce the risk of political disruption by distributing the initial burden of reform fairly and by clearly explaining the costs and benefits to the public.


Reforming China

Reforming China

Author: Sen Peng

Publisher: Paths International Ltd

Published: 2010-09-01

Total Pages: 520

ISBN-13: 9814298050

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This book chronicles the dramatic events that have taken place since China opened up to the world in 1978 and adopted a policy of economic reform. It records how economic policies were drafted between 1978 and 1991, brought into law, initiated and then im


Reforming Asian Socialism

Reforming Asian Socialism

Author: John McMillan

Publisher: University of Michigan Press

Published: 1996

Total Pages: 384

ISBN-13: 9780472106615

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Examines the dramatic transformation of Asian communist countries-China in particular-to vigorous market economies


Reforming Agriculture

Reforming Agriculture

Author: Jacob Meerman

Publisher: World Bank Publications

Published: 1997-01-01

Total Pages: 168

ISBN-13: 9780821339091

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... Evaluates the World Bank's experience with the fifty agricultural adjustment operations (agsecals) approved ... since 1979 and reflects the impact on Bank programming of a worldwide shift in the development paradigm--P. [i].


Price Reform and Durable Goods in the Transition to a Market Economy

Price Reform and Durable Goods in the Transition to a Market Economy

Author: Pierre-Richard Agénor

Publisher: International Monetary Fund

Published: 1993-06-01

Total Pages: 36

ISBN-13: 1451972911

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The paper examines the short- and long-term effects of price liberalization in a reforming socialist economy. The analysis is based on an optimizing framework that highlights hoarding behavior and the existence of parallel goods markets. The behavior of official and parallel market prices, stock of durables, and the velocity of money in the transition period between reform announcement and reform implementation is characterized, in the presence and absence of uncertainty about the transition date.