THE POLITICAL ECONOMY OF THE TRANSITION PROCESS IN EASTERN EUROPE

Edited by Laszlo Somogyi

in Books from Edward Elgar Publishing

Abstract: Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
JEL-codes: B5 E12 (search for similar items in EconPapers)
Date: 1993
ISBN: 9781852788575
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