Reform in Eastern Europe

Reform in Eastern Europe

by Olivier Blanchard, Rudiger Dornbusch, Paul Krugman, Richard Layard
     
 

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How can the new governments of Eastern Europe succeed in moving from centrally planned to freemarket economies? This incisive report identifies and describes the major policy choices to be made and discusses what will work and what will not.Reform in Eastern Europe provides a comprehensive, easily read statement of reform policy that stands in the mainstream of

Overview

How can the new governments of Eastern Europe succeed in moving from centrally planned to freemarket economies? This incisive report identifies and describes the major policy choices to be made and discusses what will work and what will not.Reform in Eastern Europe provides a comprehensive, easily read statement of reform policy that stands in the mainstream of modern Western economics. Based on their experience with stabilization policies in other countries, the authors show how Eastern Europe can reduce unemployment during the painful adjustment process,create effective and socially acceptable mechanisms to subject enterprises to market discipline, and replace barter trade under CMEA with market-based international trade.

Product Details

ISBN-13:
9780262521819
Publisher:
MIT Press
Publication date:
01/29/1993
Edition description:
Reprint
Pages:
320
Product dimensions:
5.30(w) x 7.80(h) x 0.50(d)
Age Range:
18 Years

Meet the Author

Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008.

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