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Item Details
Title: MARKET-ORIENTED SYSTEMIC TRANSFORMATIONS IN EASTERN EUROPE
PROBLEMS, THEORETICAL ISSUES, AND POLICY OPTIONS
By: Paul J. J. Welfens
Format: Hardback

List price: £119.99


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ISBN 10: 3540557938
ISBN 13: 9783540557937
Publisher: SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG
Pub. date: 10 September, 1992
Edition: 1992 ed.
Pages: 264
Description: Analyses the causes of the demise of centrally planned economies and discusses the basic challenges of systemic transformation. This book addresses the fundamental roles of privatization and foreign investment. It also analyses politico-economic aspects of the European developments.
Synopsis: Socialist economies in Eastern Europe have collapsed and em-barked upon market-oriented reforms. The causes of thedemise of centrally planned economies are analyzed and thebasic challenges of systemic tranformation discussed.Negative income and wealth effects as well as distributionissues make adjustment extremely difficult. The fundamentalroles of privatization and foreign investment are adressed.Foreign economic liberalization is considered to be ofcentralimportance for a growth-oriented adjustment path ina stage of conflict-prone policy and options.Politico-economic aspects of the new European developmentsin addition to North-South issues are analyzed. Difficultchoices await decison-makers in economic policy and thebusiness community in Eastern Europe and in leading marketeconomies.
Illustrations: 29 Tables, black and white; XII, 264 p.
Publication: Germany
Imprint: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Returns: Returnable
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