Coricelli Macroeconomic Policies and the Development of Markets in Transition Economies

Erscheinungsjahr 1997
ISBN: 978-963-386-486-9
Verlag: Amsterdam University Press
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 0 Seiten

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.

Autoren/Hrsg.

Coricelli, Fabrizio

Inhaltsverzeichnis

Introduction. Chapter 1: Stabilization, liberalization and macroeconomic performance Chapter 2: Monetary policy and financial markets in transition economies Chapter 3: Macroeconomic constraints and feedback Chapter 4: Income distribution and the dynamics of reform

Über Autor(innen)

Coricelli, Fabrizio
Fabrizio Coricelli is Professor of Economy at the University of Siena and at the Central European University, Budapest.