{"product_id":"the-political-economy-of-the-transition-process-in-eastern-europe-9781852788575","title":"THE POLITICAL ECONOMY OF THE TRANSITION PROCESS IN EASTERN EUROPE","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eWhy has industrial output fallen in Eastern Europe and is further decline inevitable?  What lessons can be learned from the stablilization programmes of the first two years of the post-communist era?  Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism?  In seeking answers to these and other questions, \u003ci\u003eThe Political Economy of the Transition Process in Eastern Europe\u003c\/i\u003e analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.  \u003cp\u003eHighlighting the problems confronting countries as diverse as Hungary and Kazakhstan or Bulgaria and Estonia, the contributors to this volume address issues such as how to improve the performance of both commodity and factor markets, how farming should be de-collectivized, what will soften the impact on former member republics of the dissolution of the USSR, and whether infant or senile industries should be protected during the transition process?  This volume includes special studies on Bulgaria, Croatia, Estonia, Hungary and Kazakhstan, as well as an analysis of what is happening with state-owned enterprises while they are waiting for privatization and how the acquisition of such companies by foreign investors impacts on competition.\u003c\/p\u003e\u003cp\u003eBy stressing the importance of pre-existing conditions and rejecting any notion of a universally valid policy prescription, the authors recognize the urgent need to identify those losses in output which are avoidable, and those which are not.  Providing an analytical framework for future research, as well as a wealth of valuable data, \u003ci\u003eThe Political Economy of the Transition Process in Eastern Europe\u003c\/i\u003e will be welcomed by students, researchers and policymakers concerned with the creation of a new agenda for the transitional economies.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003ci\u003e'This well-produced book is a worthy contribution to the burgeoning literature on the transition.  The editor provides a useful introduction.'\u003c\/i\u003e -- Ian Jeffries, The Economic Journal'. . . provides a useful and readable introduction to many of the most important issues in the \"transition process\".'– Hugo Radice, Economics of Transition\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eWhy did output fall in Eastern Europe?, John Williamson; lessons from the stabilization programmes of central and Eastern European countries, 1989-1991, Domenico Mario Nuti; output grains from economic liberalization - a simple formula, Thorvaldur Gylfason; after the shock - some lessons from transitional policies, Laszlo Csaba; transition issues as seen through the experience of Hungary - there is no cookbook to go by, Gyorgy Szapary; stabilization policy in post-Communist Bulgaria, Michael L. Wyzan; some issues on macro-economic stabilization policy in the economies in transition, Dragomir Vojnic; private mechanisms for creation of efficient institutions for market economies, Paul H. Rubin; employment issues in a period of systemic mutation, Dominique Redor; the political economy of privatization, Alastair McAuley; property rights, competition policy and privitization in the transition from Socialism to Market, Laszlo Somogyi and Adam Torok; escaping from the State - escaping to the State, Eva Voszka; problems of decollectivization with special attention to East Germany, Federic L. Pryor; the new East, preferred trade regimes, and designing the transition, Jozef M. von Brabant; problems of Socialist transformation - Kazakhstan 1991, Axel Leijonhufvud; a Coasean journey through Estonia - a study in property rights and transaction costs, Ingemar Staehl; ethnic nationalism and post-Communist transition problems, Christopher Lingle; sustainable transition, Hans Aage.","brand":"Edward Elgar Publishing Ltd","offers":[{"title":"Default Title","offer_id":51926315106647,"sku":"9781852788575","price":129.0,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/bookcurl.com\/products\/the-political-economy-of-the-transition-process-in-eastern-europe-9781852788575","provider":"Book Curl","version":"1.0","type":"link"}