This work, written by a scholar and consultant who has worked extensively in Central and Eastern Europe, presents important background information and analysis on the economic and political changes that are taking place in that part of the world. The author's work is based on research conducted at the Department of Economics at Harvard University.
The book provides the basis for future evaluation of the changes in post-communist economies. It discusses the radical changes in Europe, economic reforms in Eastern Europe and the former USSR, economic development strategies, and theoretical...
This work, written by a scholar and consultant who has worked extensively in Central and Eastern Europe, presents important background information ...
In this book, Iliana Zloch-Christy analyzes the causes and consequences of the massive East European debt that began in the 1970s. In assessing the region's convertible currency debt problem, the author addresses five main issues: the origins of the debt; the possibility that such a debt was essential to Eastern Europe's economic development; the effects of the countries' own adjustments to the problem; the value of the aid provided by the West; and the outlook for the debt during the rest of the decade. The book analyzes the flaws of the centrally-planned economies that led to the crisis as...
In this book, Iliana Zloch-Christy analyzes the causes and consequences of the massive East European debt that began in the 1970s. In assessing the re...
The post-communist European countries have faced enormous political and economic problems in attempting the transformation to a market oriented economy through two of the most important channels influencing this process--privatization and foreign investments. Focusing on Russia, the Czech Republic, Hungary, Bulgaria, and Poland, the authors examine the trends toward privatization and the problems facing the countries economic managers and foreign investors. They explore what can be done to increase foreign direct and equity investment given the political risks involved in the economic...
The post-communist European countries have faced enormous political and economic problems in attempting the transformation to a market oriented eco...
In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange controls and eliminating prohibitive tariffs and quotas. Now trying to join the integrated world economy, they are facing the challenge of finding strategic alliances and attracting foreign capital. This book analyzes economic policy in Eastern Europe with a focus on the financial arrangement of currency boards. It examines the main challenges facing East European countries, their economic policy strategies, the main challenges to the economies that...
In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange control...
This is the first study to analyze the problems of Eastern Europe's convertible currency external debt situation and its impact on the financing of East-West trade in the late 1980s and early 1990s. Dr. Zloch-Christy addresses four main issues. First, she examines the recent reforms in Eastern Europe's economic political relations. Secondly, she assesses whether convertible currency debt problems are an inherent part of the economic development of Eastern Europe and if the problems are regionwide, and she discusses the strategies adopted for dealing with them. The author then explores the...
This is the first study to analyze the problems of Eastern Europe's convertible currency external debt situation and its impact on the financing of Ea...
