Transition : the first decade / edited by Mario I. Blejer and Marko Škreb.

Format:

Book

Contributor:

Bléjer, Mario I.

Skreb, Marko, 1957-

Language:

English

Subjects (All):

Privatization--Europe, Eastern--Case studies.

Privatization.

Privatization--Europe, Central--Case studies.

Post-communism.

Economic policy.

Europe, Eastern--Economic policy--1989---Case studies.

Europe, Eastern.

Europe, Central--Economic policy--1989---Case studies.

Europe, Central.

Post-communism--Europe, Eastern--Case studies.

Post-communism--Europe, Central--Case studies.

Central Europe.

Eastern Europe.

Genre:

Case studies.

Physical Description:

vi, 516 pages : illustrations ; 24 cm

Place of Publication:

Cambridge, Mass. : MIT Press, [2001]

Summary:

The former socialist countries' transition to market economies is one of the momentous transformations in modern history. The pace and degree of success have varied widely, and there is increasing divergence in performance, structure, and institutions among the transition economies. These differences are largely determined by country-specific conditions and political configurations. This book compares the experiences of the countries involved over the first ten years to determine what has worked and failed, as well as the nature of the challenges that lie ahead.

After two overviews of the transition process to date, the book presents eleven specific country cases: the reunification of East and West Germany; the most successful transition countries, Poland, Hungary, the Czech Republic, Croatia, and Slovenia; the less successful experience of countries in the former Soviet Union, namely, Russia, Belarus, and Ukraine; and the dissimilar developments in two major Balkan countries, Bulgaria and Romania. The final section summarizes the policy lessons of the different experiences. The contributors, who include ministers, government officials, academics, and leaders of international monetary institutions, stress the need for greater emphasis on institutional building and on the enforcement of contracts.

Contents:

A decade of transition in a variety of settings: a comparison of country experiences / Mario I. Blejer and Marko Škreb

Ten years of transition in central Europe and the former Soviet Union: the good news and the not-so-good news / Johannes F. Linn

Postcommunist transition and post-Washington consensus: the lessons for policy reforms / Grzegorz W. Kolodko

East Germany: transition with unification, experiments, and experiences / Jürgen von Hagen and Rolf R. Strauch

Ten years of Polish economic transition, 1989-1999 / Marek Dabrowski

Fiscal foundations of convergence to the European union: the Hungarian economy towards EU accession / László Halpern and Judit Neményi

The Czech republic: ten years of transition / Vladimír Dlouhý / Croatia in the second state of transition, 1994-1999 / Velimir Šonje and Boris Vujčić

Fiscal impulse of transition: the case of Slovenia / Velimir Bole

The legacy of the socialist economy: the macro- and microeconomic consequences of soft budget constraints / Yegor Gaidar

Belarus: a command economy without central planning / D. Mario Nuti

Problems with economic transformation in Ukraine / Anders Åslund

The economic transition in Bulgaria, 1989-1999 / Ilian Mihov

Strain and economic adjustment: Romania's travails and pains / Daniel Daianu

Transition economies / Jacques de Larosière.

Notes:

Includes bibliographical references and index.

ISBN:

0262025051

OCLC:

47690387