| Adjustment, Structural Change, and Economic Efficiency Contributor(s): Brabant, Jozef M. Van (Author) |
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ISBN: 0521334551 ISBN-13: 9780521334556 Publisher: Cambridge University Press OUR PRICE: $101.65 Product Type: Hardcover Published: December 1987 |
| Additional Information |
| BISAC Categories: - Business & Economics | Money & Monetary Policy - Business & Economics | Economics - Macroeconomics - Business & Economics | Economics - Theory |
| Dewey: 332.494 |
| LCCN: 87000785 |
| Series: Seminar Series / Society for Experimental Biology |
| Physical Information: 1.25" H x 5.5" W x 8.5" (1.72 lbs) 502 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book examines the instruments for decision coordination within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). In light of the forcedeconomic adjustments of the early 1980s, Jozef van Brabant offers this study of the centrally planned economies and the inadequacy of their coordination mechanisms. He proposes that a resumption of faster growth depends largely upon increasing the pace of factor productivity growth--something that can only be achieved through structural change and a reform of the economic mechanism. |