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Restructuring The Baltic Economies

Overview

The promise of a smooth systemic transformation in the Baltic states has been overshadowed by unforeseen obstacles. Speedy disengagement from the past, particularly from long established practices and inherited economic relationships, has proven more trying than originally anticipated. Compelling interview materials from the region's 115 leading government officials, including prime ministers, and academicians, highlight the major points of the text. Scholars in the United States and Europe, government officials,...

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Overview

The promise of a smooth systemic transformation in the Baltic states has been overshadowed by unforeseen obstacles. Speedy disengagement from the past, particularly from long established practices and inherited economic relationships, has proven more trying than originally anticipated. Compelling interview materials from the region's 115 leading government officials, including prime ministers, and academicians, highlight the major points of the text. Scholars in the United States and Europe, government officials, research and business institutes, and business trade associations will find this a thought provoking analysis of the progress and prospects of former Soviet republics and the lessons this provides for other republics of the former USSR.

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Product Details

  • ISBN-13: 9780275947064
  • Publisher: ABC-CLIO, Incorporated
  • Publication date: 12/12/1994
  • Pages: 256
  • Lexile: 1340L (what's this?)
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.63 (d)

Meet the Author

RAPHAEL SHEN is Professor of Economics at the University of Detroit.

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Table of Contents

Tables and Figures
Acknowledgments
Abbreviations
Introduction 1
1 Lithuania, Latvia, and Estonia: A Profile 3
2 Fifty Years of Soviet Annexation and Legacies 15
3 Baltic Economies in the 1980s 31
4 The Drive Toward Economic Independence: Currency Reform 49
5 Price Reform, Wages, and Incomes 69
6 Banking Reform and Monetary Policy 91
7 Budgetary Reform 109
8 Ownership Transformation: Property Restitution and Privatization 131
9 Foreign Investment 151
10 Foreign Trade: Past Constraints, Current Success 165
11 Industry and Agriculture 185
12 Perspectives on Economic Reform in the Baltic States 213
List of Persons Interviewed 227
Bibliography 235
Index 239
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