Reform in Eastern Europe

Paperback | January 29, 1993

byOlivier Blanchard, Rudiger Dornbusch, Paul Krugman

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How can the new governments of Eastern Europe succeed in moving from centrally planned to freemarket economies? This incisive report identifies and describes the major policy choices to be made and discusses what will work and what will not.Reform in Eastern Europe provides a comprehensive, easily read statement of reform policy that stands in the mainstream of modern Western economics. Based on their experience with stabilization policies in other countries, the authors show how Eastern Europe can reduce unemployment during the painful adjustment process, create effective and socially acceptable mechanisms to subject enterprises to market discipline, and replace barter trade under CMEA with market-based international trade.

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How can the new governments of Eastern Europe succeed in moving from centrally planned to freemarket economies? This incisive report identifies and describes the major policy choices to be made and discusses what will work and what will not.Reform in Eastern Europe provides a comprehensive, easily read statement of reform policy that s...

Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008. Lawrence Summers is Professor of Economics at Harvard and Director of Research at the World Bank. Keller Easterling is Associate Professor, Yale University School...

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Format:PaperbackDimensions:320 pages, 7.8 × 5.3 × 0.5 inPublished:January 29, 1993Publisher:The MIT Press

The following ISBNs are associated with this title:

ISBN - 10:0262521814

ISBN - 13:9780262521819

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