Eastern Europe in Crisis and the Way Out
1st ed. 1995
Book Details
Format
Paperback / Softback
ISBN-10
1349136441
ISBN-13
9781349136445
Edition
1st ed. 1995
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 1995
Print length
526 Pages
Ksh 8,100.00
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In this volume practitioners and theorists from East and West assess the results of four years of transformation in Eastern Europe.
In this volume practitioners and theorists from East and West assess the results of four years of transformation in Eastern Europe. In a general assessment of the stabilisation policies pursued, some authors take a critical view of the 'conventional' monetary and fiscal restrictive programmes which have helped to bring down inflation and to introduce elements of the market economy, but have also left the economies concerned with heavily reduced output and real incomes. An evolutionary strategy of structural transformation, and demand management should play a primary role in recovery from the 'transformational recession'. Further issues discussed are the reform of the financial sector; liberalisation of foreign trade; privatisation and restructuring; and the social aspects of transformation.
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