The Economics of Transformation: Theory and Practice in the New Market Economies

Overview

The New Market Economies of Eastern Europe have been experiencing fundamental systemic changes over recent years.
Nevertheless, the field of Economic Transformation is still in its infancy and some important policy questions have been neglected altogether.
"The Economics of Transformation" addresses these deficiencies with coverage of theoretical and empirical issues and presents new results which challenge conventional wisdom. The book covers ...
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Paperback (Softcover reprint of the original 1st ed. 1994)
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Overview

The New Market Economies of Eastern Europe have been experiencing fundamental systemic changes over recent years.
Nevertheless, the field of Economic Transformation is still in its infancy and some important policy questions have been neglected altogether.
"The Economics of Transformation" addresses these deficiencies with coverage of theoretical and empirical issues and presents new results which challenge conventional wisdom. The book covers traditional topics such as price liberalization, privatization, and the reform of trade and financial markets. Political economy issues inform the discussion oftransformation and the question of who is likely to lose. It is a valuable source for both academics and policymakers.
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Product Details

  • ISBN-13: 9783642786174
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 7/31/2012
  • Edition description: Softcover reprint of the original 1st ed. 1994
  • Edition number: 1
  • Pages: 332
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.74 (d)

Table of Contents

I The Political Economy of Transformation.- 1 The Economics of Disintegration in the Former Soviet Union.- 2 The Transition to a Market Economy: Are there Useful Lessons from History?.- II Price Liberalization.- 3 A Model of Price Liberalization in Russia.- 4 The Initial Welfare Consequences of Price Liberalization and Stabilization in Poland.- III Privatization.- 5 The Sale of Shares to Foreign Companies.- 6 Foreign Direct Investment and Privatization.- 7 The Political Economy of Privatization.- IV Trade and Financial Markets.- 8 European Integration: Lessons from the South and Prospects for the East.- 9 Reforming the Financial System.- V Social Implications of Transformation.- 10 Human Development and Women’s Lives in a Restructured Eastern Bloc: Lessons from the Developing World.- VI Industry Studies.- 11 Foreign Direct Investment in Eastern Europe: The Case of Telecommunication.- 12 The Breakdown of the Soviet Oil Empire and its International Ramifications.
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