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This is the second volume in the author's ongoing inquiry into the extent of income inequality in the East European socialist countries and the effect of market-oriented reforms on patterns of income distribution. Although there has been remarkably little empirical research on this question (in part because of the problem of obtaining reliable data), both proponents and opponents of reforms voice strong views on this subject, with both sides, however, tending to grant the assumption that decentralization and the increased use of market mechanisms will increase inequality. In this study as in the preceding volume, "Economic Reform and Income Distribution: A Case Study of Hungary and Poland", Henryk Flakierski undertakes a study of the data in order to shed light on this question - this time with reference to the most decentralized of the East European economics and the one in which marketization of the economy has been most advanced.
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.
This is the second volume in the author's ongoing inquiry into the extent of income inequality in the East European socialist countries and the effect of market-oriented reforms on patterns of income distribution. Although there has been remarkably little empirical research on this question (in part because of the problem of obtaining reliable data), both proponents and opponents of reforms voice strong views on this subject, with both sides, however, tending to grant the assumption that decentralization and the increased use of market mechanisms will increase inequality. In this study as in the preceding volume, "Economic Reform and Income Distribution: A Case Study of Hungary and Poland", Henryk Flakierski undertakes a study of the data in order to shed light on this question - this time with reference to the most decentralized of the East European economics and the one in which marketization of the economy has been most advanced.
This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
This Selected Issues paper and Statistical Appendix for the Federal Republic of Yugoslavia outlines the progress made in the fiscal area since late 2000, focusing on the overall fiscal adjustment (developments in revenue and expenditure) and reforms of the tax system and social spending. The paper also presents an overview of financial sector reforms in Serbia and Montenegro, elaborates on the closure of the four largest state-owned banks in Serbia, and outlines progress in strengthening prudential supervision in both republics.
The Market-Planned Economy of Yugoslavia was first published in 1966. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. The Yugoslavian economic system, combining, as it does, elements of Marxist socialism with many aspects of free enterprise, represents a challenging experiment which is being closely watched by students of economic and political theory. The system has attracted serious attention in the emerging nations of Asia and Africa and, more recently, in the Soviet Union itself. Though they retain socialist, state-centered goals, the Yugoslavs have introduced a great deal of decentralization and individual incentive and have allowed production to be largely regulated by the demand of a relatively free market instead of by predetermined quotas and plans. Professor Pejovich describes and analyzes this economic system, as it affects both the overall economy and the individual firm. He then provides a theoretical analysis in which he points out implications for economic theory and for the theory of socialism as well as the practical significance of the Yugoslavian experiment. The stud makes an important contribution in combining the economic theory of socialism formulated in the pioneering work of Oskar Lange with the theory of economic development if Joseph Schumpeter, whose concepts are discussed by Dr. Pejovich in an appendix.