The Order of Economic Liberalization, second editi on: Financial Control in the Transition to a Market Economy (The Johns Hopkins Studies in Development) - Hardcover

McKinnon

 
9780801847424: The Order of Economic Liberalization, second editi on: Financial Control in the Transition to a Market Economy (The Johns Hopkins Studies in Development)

Synopsis

In a series of 12 essays, the author outlines the progression necessary for successful financial liberalization and offers an elaboration of his previous work on the liberalization of monetary policy in less developed countries. New to this edition are chapters contrasting two models of foreign trade liberalization: the Chilean model (also followed in Eastern Europe) and the more gradual Chinese model. McKinnon also takes into account the changes in Eastern Europe, including the dissolution of Yugoslavia.

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About the Author

Ronald I. McKinnon is William Eberle Professor of International Economics at Stanford University. His publications include Money and Capital in Economic Development, Money in International Exchange: The Convertible Currency System, and An International Standard for Monetary Stabilization.

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