The crisis in Eastern Europe: What is to be done? (Record no. 8512)

MARC details
000 -LEADER
fixed length control field 02142nam a22003017u 4500
001 - CONTROL NUMBER
control field pwiiw0635
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20260518120039.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090305t2009 au ||||| |||| 00| ||eng d
040 ## - CATALOGING SOURCE
Transcribing agency OSt
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Gligorov, Vladimir
245 10 - TITLE STATEMENT
Title The crisis in Eastern Europe: What is to be done?
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Wien :
Name of publisher, distributor, etc. Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
Date of publication, distribution, etc. 2009.
300 ## - PHYSICAL DESCRIPTION
Extent 5 S.,
Other physical details
Dimensions 30cm.
490 1# - SERIES STATEMENT
Series statement wiiw Policy Notes and Reports
Volume/sequential designation 2
520 ## - SUMMARY, ETC.
Summary, etc. This policy note argues that the current global economic crisis enforces an adjustment process in the countries of Central, Eastern and Southeastern Europe (CEE and SEE) in the form of real exchange rate depreciation. Because of the weakness of financial institutions and built-up foreign currency debt such a process has inherent dangers to lead to overshooting and a possible capital flight out of these economies. In such circumstances the economies are severely constrained in putting the types of policies in place which are currently pursued in most of Western Europe, the USA and Japan, that is of backing up their banking system through recapitalization and through fiscal stimulus packages. Given the rather low levels of public debt in most of the CEE and SEE economies and the need to reinitiate the operation of the credit system, such policies have as much justification to be pursued in these economies as in the higher income countries. We hence advocate a determined approach by EU institutions and a coordinated approach by EU governments (in cooperation with IFIs) to back up a measured process of real exchange rate adjustment (in both flexible and fixed exchange rate countries) and to provide the backing necessary to pursue growth initiating policies in these economies.<br/>
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Visegrad countries
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name European Union
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name Japan
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name SEE
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name USA
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element Macroeconomic Analysis and Policy
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Landesmann, Michael
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE
Volume/sequential designation 2
Bibliographic record control number WIIW0000092
Title of a work wiiw Policy Notes and Reports
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://wiiw.ac.at/p-635.html">https://wiiw.ac.at/p-635.html</a>
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Paper
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Inventory number Total Checkouts Full call number Barcode Date last seen Price effective from Koha item type
        WIIW WIIW Library 03/05/2009 pwiiw0635   /2 1000010000635 03/05/2009 07/19/2018 Paper
The Vienna Instiute for International Economic Studies (wiiw)