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The Successes and Failures of Economic Transition : = The European Experience.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The Successes and Failures of Economic Transition :/
Reminder of title:	The European Experience.
Author:	Gabrisch, H.
other author:	H�olscher, J.
Description:	1 online resource (202 pages)
Subject:	Europe, Eastern - Economic policy - 1989-. -
Online resource:	Click to View
ISBN:	9780230626584

The Successes and Failures of Economic Transition : = The European Experience.
Gabrisch, H.

The Successes and Failures of Economic Transition :The European Experience. - 1 online resource (202 pages)

Cover -- Contents -- List of Figures -- List of Tables -- List of Boxes -- List of Abbreviations -- Acknowledgements -- Introduction -- 1 The Meaning and Measurement of Transition -- What transition means -- How transition is measured -- An alternative measure: economic and social effects -- Appendix A: the Gini coefficient and the Lorenz curve -- 2 Two Competing Concepts of Transition -- The 'Washington Consensus' approach -- The evolutionary-institutionalist approach -- Fundamental differences in transitional issues -- The dispute over stabilization policy -- A country taxonomy of transition -- Appendix 1: the Lipton-Sachs model of combining liberalization and stabilization -- Appendix 2: IMF financial programming -- 3 Financial Institutions, Stability and Growth -- The core of the monetary economy: the central bank -- Financial systems as stabilizers -- Financial fragility -- The relevance of financial systems for stability and growth -- The strategy of 'semi-liberalization' -- The evolution of financial institutions -- 4 Privatization and Competition -- From state to private ownership -- A taxonomy of privatization methods -- A review of anti-trust practices in EU accession countries -- 5 Emerging Labour Markets -- Supply- and demand-side liberalization -- The unemployment problem -- The optimal speed of transition -- The Beveridge curve -- Growth and unemployment -- Appendix: the Aghion-Blanchard model of the OST -- 6 Opening towards the World -- The open and the opening economy -- Price convergence and aggregate demand -- Relative price shocks and value added -- The exchange rate as a tool for trade policy -- Capital account liberalization -- Appendix: trade opening and negative value added -- 7 Rising Income Inequality -- Income distribution and convergence in the transition process.

This book takes a macroeconomic approach to the issue of transformation from communist economies into market economies. At the centre of the analysis stands the role of the state and the definition within a dramatically changing environment. Particular emphasis is given to the emerging role of money and the financial sector.

ISBN: 9780230626584Subjects--Topical Terms:

1373905
Europe, Eastern - Economic policy - 1989-.
Index Terms--Genre/Form:

554714
Electronic books.

LC Class. No.: HD72-88

Dewey Class. No.: 338.947

The Successes and Failures of Economic Transition : = The European Experience.
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245 1 4 $a The Successes and Failures of Economic Transition : $b The European Experience.
264 1 $a London : $b Palgrave Macmillan UK, $c 2006.
264 4 $c �2006.
300 $a 1 online resource (202 pages)
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505 0 $a Cover -- Contents -- List of Figures -- List of Tables -- List of Boxes -- List of Abbreviations -- Acknowledgements -- Introduction -- 1 The Meaning and Measurement of Transition -- What transition means -- How transition is measured -- An alternative measure: economic and social effects -- Appendix A: the Gini coefficient and the Lorenz curve -- 2 Two Competing Concepts of Transition -- The 'Washington Consensus' approach -- The evolutionary-institutionalist approach -- Fundamental differences in transitional issues -- The dispute over stabilization policy -- A country taxonomy of transition -- Appendix 1: the Lipton-Sachs model of combining liberalization and stabilization -- Appendix 2: IMF financial programming -- 3 Financial Institutions, Stability and Growth -- The core of the monetary economy: the central bank -- Financial systems as stabilizers -- Financial fragility -- The relevance of financial systems for stability and growth -- The strategy of 'semi-liberalization' -- The evolution of financial institutions -- 4 Privatization and Competition -- From state to private ownership -- A taxonomy of privatization methods -- A review of anti-trust practices in EU accession countries -- 5 Emerging Labour Markets -- Supply- and demand-side liberalization -- The unemployment problem -- The optimal speed of transition -- The Beveridge curve -- Growth and unemployment -- Appendix: the Aghion-Blanchard model of the OST -- 6 Opening towards the World -- The open and the opening economy -- Price convergence and aggregate demand -- Relative price shocks and value added -- The exchange rate as a tool for trade policy -- Capital account liberalization -- Appendix: trade opening and negative value added -- 7 Rising Income Inequality -- Income distribution and convergence in the transition process.
505 8 $a The 'standard explanation' for rising inequality and its application to transition economies -- Macroeconomic aspects of income distribution -- Some observations -- Cross-country comparisons -- Country performances reconsidered -- Convergence versus divergence -- Appendix: income statistics -- 8 Transition and EU Membership -- Competition policy -- EMU membership -- Fiscal transparency -- Fiscal transparency and rules in Poland -- 9 Country Case Studies -- East Germany: the transfer economy -- Hungary: the economy of stop-go cycles -- Russia: the oligarchic economy -- The 'new rich' and capital fight -- China: currency undervaluation and economic development -- Reasons for fixing the exchange rate to the US dollar -- Does the PBOC waste money? -- Adjustment of the balance of payments -- Index -- A -- B -- C -- D -- E -- F -- G -- I -- J -- K -- L -- M -- N -- O -- P -- R -- S -- T -- U -- V -- W -- Y.
520 $a This book takes a macroeconomic approach to the issue of transformation from communist economies into market economies. At the centre of the analysis stands the role of the state and the definition within a dramatically changing environment. Particular emphasis is given to the emerging role of money and the financial sector.
588 $a Description based on publisher supplied metadata and other sources.
590 $a Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2022. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
650 0 $a Europe, Eastern - Economic policy - 1989-. $3 1373905
650 0 $a Free enterprise - Europe, Eastern. $3 1373906
650 0 $a Free enterprise. $3 561128
650 0 $a Post-communism - Europe, Eastern. $3 1373907
655 4 $a Electronic books. $2 local $3 554714
700 1 $a H�olscher, J. $3 1373904
776 0 8 $i Print version: $a Gabrisch, H. $t The Successes and Failures of Economic Transition $d London : Palgrave Macmillan UK,c2006 $z 9781403934932
797 2 $a ProQuest (Firm)
856 4 0 $u https://ebookcentral.proquest.com/lib/nfu/detail.action?docID=293423 $z Click to View