Transition - the First Ten Years: Analysis and Lessons for Eastern Europe and the Former Soviet Union - Softcover

Mitra, Pradeep

9780821350386: Transition - the First Ten Years: Analysis and Lessons for Eastern Europe and the Former Soviet Union

Softcover

ISBN 10: 0821350382 ISBN 13: 9780821350386

Publisher: World Bank, 2002

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This volume addresses questions concerning why economic growth in some transition economies of Eastern Europe and the former Soviet Union have been stronger than in others, why some governments have been reluctant to accept economic reforms, and how policy advice should be offered in the light of experience and today's conditions. Drawing on the lessons learned by the World Bank and the extensive literature on the subject, the report looks at the policy and institutional conditions that encourage the growth of new firms in these economies while imposing financial discipline on the old firms inherited from the socialist past, without granting special favors to either. It also examines political strategies that could push the reform process forward, emphasizing the importance of market-oriented market reforms. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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