Market-oriented Systemic Transformations in Eastern Europe: Problems, Theoretical Issues, and Policy Options - Softcover

Welfens, Paul J.J.

 
9783642634826: Market-oriented Systemic Transformations in Eastern Europe: Problems, Theoretical Issues, and Policy Options

Inhaltsangabe

Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.

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Über die Autorin bzw. den Autor

Paul J.J. Welfens is Jean Monnet Professor for European Economic Integration, Chair for Macroeconomics at the Schumpeter School of Business and Economics, and President of the European Institute for International Economic Relations at the University of Wuppertal, Germany. He is Research Fellow at IZA, Germany, and Non-Resident Senior Research Fellow at AICGS/Johns Hopkins University, USA.

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9783540557937: Market-oriented Systemic Transformations in Eastern Europe: Problems, Theoretical Issues, and Policy Options

Vorgestellte Ausgabe

ISBN 10:  3540557938 ISBN 13:  9783540557937
Verlag: Springer, 1992
Hardcover