Policy Initiatives for Improving Yugoslav Economic Performance
Titel:
Policy Initiatives for Improving Yugoslav Economic Performance
Auteur:
Skegro, Borislav Gapinski, James H. Anusic, Zoran
Verschenen in:
International economic journal
Paginering:
Jaargang 3 (1989) nr. 4 pagina's 95-107
Jaar:
1989
Inhoud:
With the aid of a timely econometric model, this paper examines policies for improving Yugoslav economic performance. It establishes a baseline path to evaluate the efficacy of policy instruments such as money, government consumption, the exchange rate, technical-progress incentives, and wage-price controls. It then exercises the instruments individually to ascertain their strengths and their patterns of effect. Because the separate scenarios suggest that initiatives might be used advantageously in combination, two policy packages are treated, and both demonstrate that economic performance can be improved comprehensively and dramatically. Sobering thoughts about the politics of the economics close the discussion. [210]