This collection draws together the most significant writings on the economics of transition. Although there are a wide range of examples from different countries and industries, the focus is on analysis of the key issues. These include: * macroeconomics and stabilization * liberalization and the establishment of markets * property rights and the legal framework * reform of banking and finance, agriculture, and the trading system * the functioning of labour markets This collection draws on material from an enormous range of sources. It includes articles by Barry Eichengreen,...
This collection draws together the most significant writings on the economics of transition. Although there are a wide range of examples from differen...
Two decades have now passed since the fall of the Berlin Wall and it is now an excellent time to take stock on how the transition process has turned out for the economies that have moved from central planning.
This new handbook assembles a team of leading experts to explore the major themes that have characterized the period. After identifying the nature of initial conditions and the strength and weaknesses of institutions, the varying paths countries have taken are fully analyzed from the shock financial therapy, privatization and ethnic strife of the early years to the burning issues...
Two decades have now passed since the fall of the Berlin Wall and it is now an excellent time to take stock on how the transition process has turne...
Early transition was characterized by debate over shock therapy and gradualism as alternative reform strategies. Other important debates concerned the nature of the former USSR. Was it ever Socialist and what were its laws of motion? What implications does the old system have for the course of post-communist reforms? These are among the key issues analysed in this book, through a mix of conceptual analysis and an interesting selection of country studies.
Early transition was characterized by debate over shock therapy and gradualism as alternative reform strategies. Other important debates concerned the...