Output Decline in Eastern Europe: Unavoidable, External Influence or Homemade?: v. 34 (International Studies in Economics and Econometrics) - Hardcover

 
9780792332855: Output Decline in Eastern Europe: Unavoidable, External Influence or Homemade?: v. 34 (International Studies in Economics and Econometrics)
Hardcover
ISBN 10: 0792332857 ISBN 13: 9780792332855
Publisher: Kluwer Academic Publishers, 1995

Synopsis

The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp decline in output. The fall in real GDP exceeded 20% while real industrial production even decreased by 40%. This text provides comprehensive multi-factor explanations for this unique and painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns of demand. It contains a combination of authors from East and West who have extensively analyzed new data based on national studies. If we can understand the causes of recent output decline then we can hope to assess the prospects for Eastern Europe. The book is intended for researchers and students as well as interested officials who deal with the transition of formerly centrally planned economies in Central and Eastern Europe.

"synopsis" may belong to another edition of this title.

Synopsis

The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp decline in output. The fall in real GDP exceeded 20% while real industrial production even decreased by 40%. This text provides comprehensive multi-factor explanations for this unique and painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns of demand. It contains a combination of authors from East and West who have extensively analyzed new data based on national studies. If we can understand the causes of recent output decline then we can hope to assess the prospects for Eastern Europe. The book is intended for researchers and students as well as interested officials who deal with the transition of formerly centrally planned economies in Central and Eastern Europe.

"About this title" may belong to another edition of this title.

Publisher
Kluwer Academic Publishers
Publication date
1995
Language
English
ISBN 10 
0792332857
ISBN 13 
9780792332855
Binding
Hardcover
Edition number
1
Number of pages
396
Editor
Holzmann Robert, Gacs Janos, Winckler Georg

Other Popular Editions of the Same Title

9789401041256: Output Decline in Eastern Europe: Unavoidable, External Influence or Homemade?: 34 (International Studies in Economics and Econometrics, 34)

Featured Edition

ISBN 10:  9401041253 ISBN 13:  9789401041256
Publisher: Springer, 2012
Softcover