Macroeconomic Policies and the Development of Markets in Transition Economies
Book Details
Format
Hardback or Cased Book
ISBN-10
963911605X
ISBN-13
9789639116054
Publisher
Central European University Press
Imprint
Central European University Press
Country of Manufacture
HU
Country of Publication
GB
Publication Date
Dec 1st, 1997
Print length
176 Pages
Weight
422 grams
Dimensions
16.00 x 23.50 x 1.90 cms
Product Classification:
MacroeconomicsDevelopment economics & emerging economies
Ksh 18,000.00
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Presenting an integrated view of transition based on a unified analytical framework, this text evaluates the experience of several transition economies.
Presenting the first integrated view of transition based on a unified analytical framework, this book evaluates the experience of several transition economies.Fabrizio Coricelli''s view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. Coricelli stresses particularly financial markets – the ''missing'' market under the system of central planning – and he highlights fundamental trade-offs for economic policy which can play a crucial role in determining the success of reforms.
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