Macroeconomic Policies and the Development of Markets in Transition Economies

Erscheinungsjahr 1997
ISBN: 978-963-9116-05-4
Verlag: Amsterdam University Press

Buch, Englisch, 176 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 415 g

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.

Zielgruppe

Academic

Autoren/Hrsg.

Coricelli, Fabrizio

Inhaltsverzeichnis

Acknowledgements, 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, Notes, References, Index

Über Autor(innen)

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