Macroeconomic Stabilization in Transition Economies by Mario I. Blejer (English)

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The essays in this volume explore the type of policies that were needed in the post-socialist countries of Eastern Europe and the former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism.

FORMATHardcover LANGUAGEEnglish CONDITIONBrand New Publisher Description

The essays in this volume explore the special type of reforms and policies that are required in the post-socialist countries of Eastern Europe and the Former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism. The articles collected in this book study in detail both the analytical underpinning of this process, the overall relationships among stabilization, reforms, and growth, and the specific stabilization experience in a number of countries. In addition, the volume discusses some of the central policy issues related to enterprise behavior in post-socialist countries and looks at the longer-run dimensions of a successful transition.

Table of Contents

Preface; Introduction: Stabilization after five years of reform: Issues and experiences Mario I. Blejer and Marko Skreb; Part I. General Studies: 1. From plan to market: patterns on transition Martha de Melo, Cedevet Denizer and Alan Gelb; 2. The great contractions in transition economies Robert A. Mundell; 3. Enterprise credit and stabilization in transition economies: experience with enterprise isolation Marcelo Selowsky and Matthew Vogel; 4. Employeeism: corporate governance and employee share ownership in transitional economies D. Mario Nuti; Part II. Country Studies: 5. Inflation and stabilization in Poland, 1990–5 Stanislaw Wellich; 6. The political economy of the Hungarian stabilization and austerity program János Kornai; 7. Preparation and implementation of a credible stabilization program in the Republic of Croatia Nikica Valentic; 8. Exchange rate and prices in a stabilization program: the case of Croatia Velimir Sonje and Marko Skreb; 9. Stabilization in Slovenia: from high inflation to excessive inflow of foreign capital Velimir Bole; 10. Macroeconomic stabilization in the Baltic States Ardo H. Hansson; 11. Economic reform in Ukraine Oleh Havrylyshyn; Part III. Afterword: 12. Economic transformation and the policies for long-term growth Vito Tanzi.; Index.

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Explores the policies used in post-socialist countries of Eastern Europe and the former Soviet Union to stop the fall in output after Communism's collapse.

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Explores the policies used in post-socialist countries of Eastern Europe and the former Soviet Union to stop the fall in output after Communism's collapse.

Description for Bookstore

The essays in this volume explore the special type of policies that were needed in the post-socialist countries of Eastern Europe and the former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism.

Description for Library

The essays in this volume explore the special type of policies that were needed in the post-socialist countries of Eastern Europe and the former Soviet Union in order to reduce inflation and to stop the fall in output that followed the collapse of Communism.

Details ISBN052158177X Publisher Cambridge University Press Year 1997 ISBN-10 052158177X ISBN-13 9780521581776 Format Hardcover Publication Date 1997-03-28 Imprint Cambridge University Press Place of Publication Cambridge Country of Publication United Kingdom Edited by Mario I. Blejer DEWEY 339.50947 Short Title MACROECONOMIC STABILIZATION IN Language English Media Book Pages 352 Affiliation National Bank of Croatia DOI 10.1604/9780521581776 UK Release Date 1997-03-28 AU Release Date 1997-03-28 NZ Release Date 1997-03-28 Illustrations 59 Tables, unspecified; 34 Line drawings, unspecified Author Marko Skreb Alternative 9780511572012 Audience Professional & Vocational We've got this

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