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Adjustment, Structural Change, and Economic Efficiency
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Adjustment, Structural Change, and Economic Efficiency : Aspects of Monetary Cooperation in Eastern Europe

Book Details

Format Hardback or Cased Book
ISBN-10 0521334551
ISBN-13 9780521334556
Publisher Cambridge University Press
Imprint Cambridge University Press
Country of Manufacture GB
Country of Publication GB
Publication Date Dec 25th, 1987
Print length 502 Pages
Weight 725 grams
Dimensions 21.60 x 14.00 x 3.20 cms
Product Classification: Monetary economics
Ksh 16,000.00
Manufactured on Demand 0 in stock

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This 1988 book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA).
This 1988 book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). The chief purpose is two-fold: to assess thier adequacy in light of the forced economic adjustments of the early 1980s and to formulate feasible changes for both in order to avert a recurrence of such developmental obstacles. Jozef van Brabant argues that these instruments and institutions are inadequate. He proposes that a resumption of rapid growth depends largely upon bolstering factor productivity growth, which can only be achieved through positive structural changes and a root-and-branch reform of the individual and groupwide economic mechanisms.

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