Adjustment, Structural Change, and Economic Efficiency: Aspects of Monetary Cooperation in Eastern Europe (Cambridge Russian, Soviet and Post-Soviet Studies)

Brabant, Jozef M. van

ISBN 10: 0521334551 / ISBN 13: 9780521334556

Published by Cambridge University Press, United Kingdom, 1987

About this Item

Brand new Unread but may have "damaged" stamp on one of the title pages due to cosmetic imperfection such as minor dents on cover or edge of pages or scratches on cover etc. Hardcover with old water damage.

Seller Inventory # 61583

Bibliographic Details

• Title: Adjustment, Structural Change, and Economic Efficiency: Aspects of Monetary Cooperation in Eastern Europe (Cambridge Russian, Soviet and Post-Soviet Studies)
• Publisher: Cambridge University Press, United Kingdom
• Publication Date: 1987
• Language: English
• ISBN 10: 0521334551
• ISBN 13: 9780521334556
• Binding: Hardcover
• Condition: New

About this title

Synopsis

This book examines the instruments for decision coordination within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). In light of the forcedeconomic adjustments of the early 1980s, Jozef van Brabant offers this study of the centrally planned economies and the inadequacy of their coordination mechanisms. He proposes that a resumption of faster growth depends largely upon increasing the pace of factor productivity growth--something that can only be achieved through structural change and a reform of the economic mechanism.

Book Description

A study of the centrally planned economies and the inadequacy of the coordination mechanisms within and between those countries belonging to the CMEA.