01830cas a2200265 a 4500 AALejournalIMF008074 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451965711 1018-5941 BD-DhAAL BD-DhAAL Ostry, Jonathan. The Output Decline in the Aftermath of Reform : The Cases of Bulgaria, Czechoslovakia, and Romania / Jonathan Ostry, Eduardo Borensztein, Dimitri Demekas. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (60 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countries. The paper reviews developments in the three countries and empirically investigates two questions that are key to the interpretation of the output decline: First, to what extent does the output fall reflect 'structural change' (or a reallocation of resources across sectors) rather than a conventional recession? Second, to what extent have demand-side or supply-side forces been dominant in generating the output decline?. Mode of access: Internet Borensztein, Eduardo. Demekas, Dimitri. IMF Working Papers; Working Paper ; No. 1992/059 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/059/001.1992.issue-059-en.xml IMF e-Library