Electronic reproduction. Basingstoke, England : Palgrave Macmillan, 2010. Mode of access:World Wide Web. System requirements: Web browser. Title from title screen (viewed on Sep. 27, 2010). Access may be restricted to users at subscribing institutions
Twenty years ago, about thirty nations in Europe and Central Asia embarked on their economic transition path. For some, the outcome was a considerable success. However, several others are stillstruggling to shed the inheritance of their past and to correct more recent policy mistakes. Some are likely to bounce back from the 2008-2009 recession with energy, whilst others seem to be sliding back again into a period of poor performance and fiscal disarray. Why is performance so different? Was democracy a factor that facilitated reforms or, rather, slowed them down? Which reforms matter, and why are some so difficult to implement? Tomasz Mickiewicz discusses these questions maintaining abroad, comparative perspective. This revised and updated edition examines the process of institutional change, focusing on its characteristics, determinants and implications for economic performance and development. This book is indispensable reading for all interested in transition economics, economic growth, and European economics
Central Planning : Command, Control and Surveillance -- Decline and Fall of the Soviet System-- Institutions; Institutional Reform -- Political Economy of Reforms -- Hard Budget Constraint -- Liberalisations, Partial Liberalisations and Recessions -- Unemployment -- Labour MarketInstitutions-- Privatization: Speed, Efficiency, Distribution -- The Order of Financial Liberalization -- Public Finance: Size and Efficiency of the Government -- Anatomy of a Crisis
Includes bibliographical references
Rev. ed. of: Economic transition in Central Europe and the Commonwealth of Independent States/ Tomasz Mickiewicz. 2005
