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Transformation of Economy as a Real Process: An Insider's Perspective (Routledge Revivals) - Softcover

Daianu, Daniel

 
9781138365032: Transformation of Economy as a Real Process: An Insider's Perspective (Routledge Revivals)
Softcover
ISBN 10: 1138365033 ISBN 13: 9781138365032
Verlag: Taylor & Francis Ltd, 2020

Inhaltsangabe

First published in 1998, this volume is a contribution to the economic analysis of post-communist transformation in an evolutionary-institutionalist approach. The author shows convincingly the role of path dependency, of the ways history matters for the success of otherwise sound policies, and highlights structural hindrances to fast and successful transformation. Thence emerges the key concept of strain. The book addresses the question of how to create conditions for sustainable development in societies where these are lacking, and stresses the importance of institutional change. It also emphasises the role of sound banking institutions and proper regulations, the crucial issue of financial vulnerability and fragility, the role of reputation, means to fight non-payments, limit to optimal policies, etc. The author covers a broad international literature and relates it to his insights as a local observer, which delivers an interesting reading.

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Verlag
Taylor & Francis Ltd
Erscheinungsdatum
2020
Sprache
Englisch
ISBN 10 
1138365033
ISBN 13 
9781138365032
Einband
Taschenbuch
Anzahl der Seiten
324
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