Transition: The First Decade - Hardcover

 
9780262025058: Transition: The First Decade

Synopsis

The former socialist countries' transition to market economies is one of themomentous transformations in modern history. The pace and degree of success have varied widely, andthere is increasing divergence in performance, structure, and institutions among the transitioneconomies. These differences are largely determined by country-specific conditions and politicalconfigurations. This book compares the experiences of the countries involved over the first tenyears to determine what has worked and failed, as well as the nature of the challenges that lieahead.After two overviews of the transition process to date, the book presents eleven specificcountry cases: the reunification of East and West Germany; the most successful transition countries,Poland, Hungary, the Czech Republic, Croatia, and Slovenia; the less successful experience ofcountries in the former Soviet Union, namely, Russia, Belarus, and Ukraine; and the dissimilardevelopments in two major Balkan countries, Bulgaria and Romania. The final section summarizes thepolicy lessons of the different experiences. The contributors, who include ministers, governmentofficials, academics, and leaders of international monetary institutions, stress the need forgreater emphasis on institutional building and on the enforcement of contracts.

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About the Author

Marko Skreb, former Governor at the Croatian National Bank, is Advisor to the Governor of the Bank of Albania.

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Other Popular Editions of the Same Title

9780262515245: Transition: The First Decade

Featured Edition

ISBN 10:  0262515245 ISBN 13:  9780262515245
Publisher: MIT Press, 2003
Softcover