The Economics of Transformation: Theory and Practice in the New Market Economies

ISBN-13: 9783642786174 / Angielski / Miękka / 2011 / 332 str.

Alfred Schipke; Alan M. Taylor

Opis

The New Market Economies of Eastern Europe have been experiencing fundamental systemic changes over recent years. Nevertheless, the field of Economic Transformation is still in its infancy and some important policy questions have been neglected altogether. "The Economics of Transformation" addresses these deficiencies with coverage of theoretical and empirical issues and presents new results which challenge conventional wisdom. The book covers traditional topics such as price liberalization, privatization, and the reform of trade and financial markets. Political economy issues inform the discussion oftransformation and the question of who is likely to lose. It is a valuable source for both academics and policymakers.

Spis treści

I The Political Economy of Transformation.- 1 The Economics of Disintegration in the Former Soviet Union.- 2 The Transition to a Market Economy: Are there Useful Lessons from History?.- II Price Liberalization.- 3 A Model of Price Liberalization in Russia.- 4 The Initial Welfare Consequences of Price Liberalization and Stabilization in Poland.- III Privatization.- 5 The Sale of Shares to Foreign Companies.- 6 Foreign Direct Investment and Privatization.- 7 The Political Economy of Privatization.- IV Trade and Financial Markets.- 8 European Integration: Lessons from the South and Prospects for the East.- 9 Reforming the Financial System.- V Social Implications of Transformation.- 10 Human Development and Women’s Lives in a Restructured Eastern Bloc: Lessons from the Developing World.- VI Industry Studies.- 11 Foreign Direct Investment in Eastern Europe: The Case of Telecommunication.- 12 The Breakdown of the Soviet Oil Empire and its International Ramifications.

O autorze

Alan M. Taylor is a Professor in the Department of Economics at the University of California, Davis, USA. He is also a Research Associate of the National Bureau of Economic Research in Cambridge, Massachusetts and a Research Fellow of the Centre for Economic Policy Research in London. He serves on the editorial boards of the 'Journal of Economic Literature' and the 'Journal of International Money and Finance'.