The transition in Eastern Europe. Volume 2, Restructuring / edited by Olivier Jean Blanchard, Kenneth A. Froot, and Jeffrey D. Sachs.

Format:

Book

Contributor:

Blanchard, Olivier (Olivier J.)

Froot, Kenneth.

Sachs, Jeffrey.

Series:

National Bureau of Economic Research project report.

A National Bureau of Economic Research Project Report

Language:

English

Subjects (All):

Economic stabilization--Europe, Eastern--Congresses.

Economic stabilization.

Privatization--Europe, Eastern--Congresses.

Privatization.

Europe, Eastern--Economic conditions--1989---Congresses.

Europe, Eastern.

Europe, Eastern--Economic policy--1989---Congresses.

Physical Description:

1 online resource (388 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, c1994.

Language Note:

English

Summary:

When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern Europe, Volumes 1 and 2 is an analysis of the experiences of various countries making the transition to market economies and examines the most important challenges still in store. Volume 1, Country Studies, gives an in-depth, country-by-country analysis of various reform experiences, including historical backgrounds and discussions of policies and results to date. The countries analyzed are Poland, Czechoslovakia, Hungary, eastern Germany, Slovenia, and Russia. Written by leading economists, some of whom helped shape local and national reforms, this volume identifies common progress, common difficulties, and tentative solutions to the problems of economic transition. Volume 2, Restructuring, focuses on specific issues of transition, including how to design labor market institutions, privatization, new fiscal structures, and bankruptcy laws; how to reorganize foreign trade; and how to promote foreign direct investment. The articles, written by experts in the field, will be of direct help to those involved in the transition process. These volumes provide a standard reference on economic transition in the region for policymakers in Eastern Europe and in western countries, for international agencies concerned with the transition process, and for anyone interested in learning about the dramatic changes that have recently occurred in Eastern Europe.

Contents:

Front matter

National Bureau of Economic Research

Relation of the Directors to the Work and Publications of the National Bureau of Economic Research

Contents

Preface

8. What Direction for Labor Market Institutions in Eastern and Central Europe?

9. Fiscal Policy during the Transition in Eastern Europe

10. Pension Reform in a Transition Economy: Notes on Poland and Chile

11. The Government Budget and the Economic Transformation of Poland

12. Privatization in Russia: First Steps

13. The Logistics of Privatization in Poland

14. The Treuhandanstalt: Privatization by State and Market

15. The Economics of Bankruptcy Reform

16. Private Business in Eastern Europe

17. Foreign Direct Investment in Eastern Europe: Some Economic Considerations

18. Foreign Trade in Eastern Europe's Transition: Early Results

Biographies (Volume 1 and Volume 2)

Contributors (Volume 1 and Volume 2)

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliographical references and indexes.

ISBN:

9786611223113

9781281223111

1281223115

9780226056821

0226056821

OCLC:

437248280