Home
James Baldwin: check the policy of reform and economic stability
8/31/2015 0:00
BAGHDAD
said an economic expert d. Wafa James Baldwin: The economic reform process that requires the restructuring of the economy on the medium and long-term ranges of time, dependent on declining role of the state in economic life to the lowest possible point.
She said in an interview for »Sabah» that means expanding the application of the privatization program to include most government projects, as well as to make the market standards and mechanisms of the foundation in the allocation of economic resources will require the selection of investment opportunities that have high revenue, which will accelerate the growth rates among the productive sectors towards incentives for structural change. And it showed: this response vary depending on the level of economic development and the effectiveness of the market in the allocation of resources more advanced stages of development and growth increased market power effects in the allocation of resources, noting that the slowdown or acceleration in structural changes of the economies of the trans does not depend on the local implications only, but shared by the external implications, including conducting those economies to equilibrium conditions. public spending James Baldwin pointed out that this ideal situation can not be found in the application because of internal restrictions and other external contributing to imbalances and generate side effects is desired, the policies of the application, which seeks to reduce public spending and reducing aggregate demand and the resulting management from an increase in the unemployment rate and poverty makes it difficult to stimulate the supply economics. It continued: If the question of production efficiency to be achieved as a result of structural changes will enable the export rate of increase, assuming flexible production system and its ability to achieve the increase in exports, but the downturn will happen in the short term by the activation of demand measures will slow down the domestic supply of goods and services, causing an imbalance between the effectiveness of demand management and enablers oversupply, Veptad economy on the state of balance and this inevitably will result in a result, a decline in the ability to provide basic needs and the increasing incidence of poverty and misery in society and in the short term at least, . overcome the negatives and I followed d. James Baldwin, but many of the options began to impose themselves and strongly toward cons exceeded this point emphasized by the World Bank in particular, and perhaps the expansion of privatization and total liberalization of foreign trade applications in order to reach a convergence of the relative relations of prices in the local market with their counterparts in the global market is of the most prominent options that will enable the economies of transition countries from the face of internal and external shocks efficiently. And it went on by saying aiming reform policy to achieve economic stability at the macro level and in the short term through a package capable of containing internal and external, and particularly economic imbalances administration policies with deflationary and rapid effects of aggregate demand towards reducing the overall level of demand policies interaction and through the interaction of each of the fiscal policy and nutrition and exchange rate policy and the recent This occupies the first place in terms of the effectiveness effect in achieving the goal of stability to this stage. privatization programs and concluded that the beginnings of this stage we impose the adoption of a fixed exchange rate unified policy is linked to the process of President as dollar or the mark in order to rein in inflation, which took rates increasing because of the liberalization of prices, as well as his role in organizing Alasaralhakiqih paid to direct producers, in addition to the organization of the real value of salaries, and in the fact that the significant decline in the value of the currency because of high prices would lead to a significant decline in real revenue paving of the state to roll out privatization programs but on a small scale and unconditional.
[You must be registered and logged in to see this link.]
8/31/2015 0:00
BAGHDAD
said an economic expert d. Wafa James Baldwin: The economic reform process that requires the restructuring of the economy on the medium and long-term ranges of time, dependent on declining role of the state in economic life to the lowest possible point.
She said in an interview for »Sabah» that means expanding the application of the privatization program to include most government projects, as well as to make the market standards and mechanisms of the foundation in the allocation of economic resources will require the selection of investment opportunities that have high revenue, which will accelerate the growth rates among the productive sectors towards incentives for structural change. And it showed: this response vary depending on the level of economic development and the effectiveness of the market in the allocation of resources more advanced stages of development and growth increased market power effects in the allocation of resources, noting that the slowdown or acceleration in structural changes of the economies of the trans does not depend on the local implications only, but shared by the external implications, including conducting those economies to equilibrium conditions. public spending James Baldwin pointed out that this ideal situation can not be found in the application because of internal restrictions and other external contributing to imbalances and generate side effects is desired, the policies of the application, which seeks to reduce public spending and reducing aggregate demand and the resulting management from an increase in the unemployment rate and poverty makes it difficult to stimulate the supply economics. It continued: If the question of production efficiency to be achieved as a result of structural changes will enable the export rate of increase, assuming flexible production system and its ability to achieve the increase in exports, but the downturn will happen in the short term by the activation of demand measures will slow down the domestic supply of goods and services, causing an imbalance between the effectiveness of demand management and enablers oversupply, Veptad economy on the state of balance and this inevitably will result in a result, a decline in the ability to provide basic needs and the increasing incidence of poverty and misery in society and in the short term at least, . overcome the negatives and I followed d. James Baldwin, but many of the options began to impose themselves and strongly toward cons exceeded this point emphasized by the World Bank in particular, and perhaps the expansion of privatization and total liberalization of foreign trade applications in order to reach a convergence of the relative relations of prices in the local market with their counterparts in the global market is of the most prominent options that will enable the economies of transition countries from the face of internal and external shocks efficiently. And it went on by saying aiming reform policy to achieve economic stability at the macro level and in the short term through a package capable of containing internal and external, and particularly economic imbalances administration policies with deflationary and rapid effects of aggregate demand towards reducing the overall level of demand policies interaction and through the interaction of each of the fiscal policy and nutrition and exchange rate policy and the recent This occupies the first place in terms of the effectiveness effect in achieving the goal of stability to this stage. privatization programs and concluded that the beginnings of this stage we impose the adoption of a fixed exchange rate unified policy is linked to the process of President as dollar or the mark in order to rein in inflation, which took rates increasing because of the liberalization of prices, as well as his role in organizing Alasaralhakiqih paid to direct producers, in addition to the organization of the real value of salaries, and in the fact that the significant decline in the value of the currency because of high prices would lead to a significant decline in real revenue paving of the state to roll out privatization programs but on a small scale and unconditional.
[You must be registered and logged in to see this link.]
