Macroeconomic policies and the development of markets in transition economies

書誌事項

Macroeconomic policies and the development of markets in transition economies

Fabrizio Coricelli

Central European University Press, c1998

  • : cloth
  • : pbk

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注記

Includes bibliographical references (p. [153]-160) and index

内容説明・目次

巻冊次

: cloth ISBN 9789639116054

内容説明

In transition countries, the author evaluates macroeconomic policies in relation to their impact on the development of markets.

目次

Introduction. Chapter 1: Stabilization, liberalization and macroeconomic performance Chapter 2: Monetary policy and financial markets in transition economies Chapter 3: Macroeconomic constraints and feedback Chapter 4: Income distribution and the dynamics of reform
巻冊次

: pbk ISBN 9789639116085

内容説明

Presenting an integrated view of transition based on a unified analytical framework, this text evaluates the experience of several transition economies. The author'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. He stresses particularly financial markets, the "missing" market under the system of central planning and 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.

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