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Economic Transition in Central Europe and the Commonwealth of Independent States
 
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Economic Transition in Central Europe and the Commonwealth of Independent States
 
 
Palgrave Macmillan
 
 
 
 
 
11 Nov 2005
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£89.00
|Hardback Print on Demand
  
9781403941626
||
 
 
eBooks ebook on Palgrave Connect ebook available via library subscriptions ebook on ebooks.com 
 
 


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DescriptionContentsAuthors

Fifteen years ago, twenty-seven countries in Europe and Central Asia embarked on their economic transition paths. For some, the outcome was a considerable success. Several others are still struggling to shed the inheritance of the past and to correct more recent policy mistakes. Why were post-Communist recessions so long in some countries and growth disappointing? Why was fiscal performance so different? Was democracy a factor, which facilitated reforms or rather slowed them down? This book discusses these questions in the context of new empirical evidence, including a critical examination of the main themes in the economics of transition.


Description

Fifteen years ago, twenty-seven countries in Europe and Central Asia embarked on their economic transition paths. For some, the outcome was a considerable success. Several others are still struggling to shed the inheritance of the past and to correct more recent policy mistakes. Why were post-Communist recessions so long in some countries and growth disappointing? Why was fiscal performance so different? Was democracy a factor, which facilitated reforms or rather slowed them down? This book discusses these questions in the context of new empirical evidence, including a critical examination of the main themes in the economics of transition.


Contents

Introduction
PART I: WHAT HAPPENED?
The Old Regime and the Opening Balance of Transition
The Transition Programme: Interdependence between the Key Components
Stabilisation
Privatisation: The Trade-offs between Speed, Efficiency and Distribution
Unemployment Paths and Restructuring
PART II: WHY? NEW EMPIRICAL RESULTS
Post-Communist Recessions Re-examined
Liberalisation and Public Finance
The Order of Financial Liberalisation
Democracy and Reforms
Economic Growth
Final Remarks


Authors

TOMASZ MAREK MICKIEWICZ is a Professor of Comparative Economics at the School of Slavonic and East European Studies, University College London, UK. He serves on the editorial board of 'Post Communist Economies' and publishes on entrepreneurship, corporate governance and effects of privatisation in 'Lancet', 'Journal of Business Venturing', 'Emerging Markets Finance and Trade', "Europe Asia Studies', 'Economics of Transition' and others.