Macroeconomic Policies and the Development of Markets in Transition Economies Contributor(s): Coricelli, Fabrizio (Author) |
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ISBN: 963911605X ISBN-13: 9789639116054 Publisher: Central European University Press OUR PRICE: $55.10 Product Type: Hardcover - Other Formats Published: January 1997 Annotation: Presenting the first integrated view of transition based on a unified analytical framework, this book evaluates the experience of several transition economies. Fabrizio Coricelli's view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. Coricelli stresses particularly financial markets, the 'missing' market under the system of central planning. He highlights fundamental trade-offs for economic policy, which can play a crucial role in determining the success of reforms. Intensity and timing of reform measures, he argues, should be adapted to different situations. |
Additional Information |
BISAC Categories: - Business & Economics | Development - Economic Development - Political Science | Public Policy - Economic Policy |
Dewey: 338.9 |
Physical Information: 0.74" H x 6.39" W x 9.25" (1.03 lbs) 176 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Presenting the first integrated view of transition based on a unified analytical framework, this book evaluates the experience of several transition economies. Fabrizio Coricelli's view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. Coricelli stresses particularly financial markets - the 'missing' market under the system of central planning - and he highlights fundamental trade-offs for economic policy which can play a crucial role in determining the success of reforms. |