| Stabilization and Privatization in Poland: An Economic Evaluation of the Shock Therapy Program Contributor(s): Poznanski, K. (Editor), Poznanski, Kazimierz (Other) |
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ISBN: 0792393414 ISBN-13: 9780792393412 Publisher: Kluwer Academic Publishers OUR PRICE: $113.99 Product Type: Hardcover Published: May 1993 |
| Additional Information |
| BISAC Categories: - Business & Economics | Development - Economic Development - Business & Economics | Economics - General |
| Dewey: 338.943 |
| LCCN: 93-885 |
| Series: Kluwer International Series in Engineering & Computer Science |
| Physical Information: 0.69" H x 6.14" W x 9.21" (1.27 lbs) 284 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is an account of Poland's economic transition since mid-1989. Monetary stabilization, trade liberalization (including convertibility) and privatization of state capital assets are discussed. Sources of economic recession which have accompanied the post-1989 transition are analyzed. The role of demand-side factors (i.e. monetary contraction) is weighed against that of supply-side factors (i.e. credit availability). The prevailing view is that the recession has been supply-type rather than demand-type. Economic performance has been impacted by the lack of a proper institutional framework (e.g. a segmented banking sector, diluted property rights). |