Successor States and Cooperation Theory: A Model for Eastern Europe

by George Macesich

Overview

The transformation of Eastern and Central Europe into functioning market democracies can be facilitated by incorporating the lessons of cooperation theory into standard economic theory. By doing so, the countries are more likely to achieve the fruits and benefits of a market democracy so long denied their citizens. Institutional, theoretical, and empirical results of game theory and policy analysis are woven together to present a timely understanding of this complex issue. Policy makers with key roles in the transformation processes, general economists, political scientists, and laypersons will find this analysis a useful resource.

Product Details

ISBN-13:	9780275949365
Publisher:	Bloomsbury Academic
Publication date:	08/23/1994
Series:	Greenwood Professional Guides in
Pages:	192
Product dimensions:	6.14(w) x 9.21(h) x 0.50(d)
Lexile:	1410L (what's this?)

About the Author

GEORGE MACESICH is Professor of Economics and founding director of the Center for Yugoslav-American Studies, Research and Exchange at Florida State University. He is also author of over 30 books, including Monetary Policy and Politics (Praeger, 1992)Yugoslavia in the Age of Democracy (Praeger, 1992)

rld Debt and Stability (Praeger, 1991)

Money Supply Process, with D. Dimitrijevic (Praeger, 1991), Monetary Policy and Rational Expectations (Praeger, 1987).

Table of Contents

Preface
Is Small Beautiful?
Coincidence of Troubles and Lack of Cooperation: Lessons from the Inter-War Period
A Theory of Cooperation
The Market Model: "A Nice Strategy"
Economic Systems and Cooperation
Economic Ideas: Historical and Theoretical Underpinnings
Bureaucracy and Market Democracy: Barriers to a "Nice" Strategy
Centrally Planned Economy: A "Not-so-nice" Strategy Problem
The Yugoslav Model in Retrospect and Lack of a Nice Strategy
Encouraging Cooperation via Common Market Arrangements
Bibliography
Index