This book, by a distinguished economist who has worked on transition since its beginning, is one of the first to present a unified analysis of transition. Transition in Central and Eastern Europe has led to a U-shaped response of output, that is, a sharp decline in output followed by recovery. This U-shaped response, its causes and its implications, are the subject of this text. Blanchard analyses the basic mechanisms at work, and draws policy implications. The
Economics of Post-Communist Transition is now available in paperback for the first time.
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The Economics of Post-Communist Transition
R832,15
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ISBN | 9780191521775 |
Number Of Pages | 0 |
File Size | 6.31 mb |
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Published | 28-08-1997 |