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The mainstream view of the way in which best to transform the communist economies was that there should be a rapid transition to a free market economy and political democracy. The articles in this book challenge this view. They do so from the standpoint of economic and political theory, and from an evaluation of the comparative experience of different reforming countries in Europe and Asia. This book represents the first systematic attempt to try to explain the dramatic contrast in outcome between reforming countries that have pursued comprehensive system reform and those that have pursued cautious, experimental strategies.
The process of transition from a centrally-planned economy to one driven by market forces has been a cause of debate. This book focuses on the key questions and problems facing the monetary and financial sectors of such transitional economies. Other topics addressed include liquidity and lending.
In this text, the authors analyze the way Hungary has recovered economically over the last decade. Their answers to the sophisticated conceptual questions of the Hungarian transformation procedure are far from a simplified view of the recent situation. The past ten years are characterized by achievements and failures, hopes and disappointments, economic results and social problems.
This text provides a source of citations to North American scholarships relating specifically to the area of Eastern Europe and the former Soviet Union. It indexes fields of scholarship such as the humanities, arts, technology and life sciences and all kinds of scholarship such as PhDs.
'...this book would be suited to lawyers and non-lawyers alike. In addition, it provides an interesting look at the EU banking system and the systems of Central and Eastern European countries.' - Ellie Palmer, Journal of International Banking Law and Regulation The eastwards expansion of the European Union is one of the most explosive economic and political issues of the early 21st century. Economic and financial stability combined with rising prosperity in the applicant countries are increasingly seen as necessary preconditions for European Union membership. This authoritative volume, written by scholars and practitioners from Central and Western Europe and the United States, confronts the ...
Demystifies some of the most pervasive myths about American politics