Macroeconomic Stabilization in Transition Economies
Published on 28. March 1997
Book
Hardback
352 pages
978-0-521-58177-6 (ISBN)
Description
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. The book contains a number of general studies that discuss the type of reforms needed and how they condition policies and analyse the aggregate relationship between reducing inflation, implementing structural reforms, and renewing the process of growth. It includes a number of country studies (on the Baltics, Croatia, Hungary, Poland, Slovenia and the Ukraine) about their stabilization experiences. Thus the emerging picture is one of renewal of growth in those countries that proceeded early and with the determination to implement market-oriented reforms and to stabilize their macroeconomy, and of gradual and slow stabilization of output in those countries that entered the process only very recently.
More details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Illustrations
59 Tables, unspecified; 34 Line drawings, unspecified
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 25 mm
Weight
722 gr
ISBN-13
978-0-521-58177-6 (9780521581776)
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Schweitzer Classification
Other editions
Additional editions
Mario I. Blejer | Marko Skreb
Macroeconomic Stabilization in Transition Economies
Book
03/2006
Cambridge University Press
€55.20
Shipment within 15-20 days
Persons
Content
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 Janos 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.