Adjustment, Structural Change, and Economic Efficiency: Aspects of Monetary Cooperation in Eastern Europe (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 58)

Brabant, Jozef M. van

ISBN 10: 0521334551 / ISBN 13: 9780521334556

Published by Cambridge University Press, 1987

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Seller Inventory # ERICA77505213345516

Bibliographic Details

• Title: Adjustment, Structural Change, and Economic Efficiency: Aspects of Monetary Cooperation in Eastern Europe (Cambridge Russian, Soviet and Post-Soviet Studies, Series Number 58)
• Publisher: Cambridge University Press
• Publication Date: 1987
• Language: English
• ISBN 10: 0521334551
• ISBN 13: 9780521334556
• Binding: Hardcover
• Condition: Very Good
• Book Type: book

About this title

Synopsis

This 1988 book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). The chief purpose is two-fold: to assess thier adequacy in light of the forced economic adjustments of the early 1980s and to formulate feasible changes for both in order to avert a recurrence of such developmental obstacles. Jozef van Brabant argues that these instruments and institutions are inadequate. He proposes that a resumption of rapid growth depends largely upon bolstering factor productivity growth, which can only be achieved through positive structural changes and a root-and-branch reform of the individual and groupwide economic mechanisms.

Book Description

This 1988 book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA).