Hardback
January 12, 1997
9789639116054
English
176
9.21 Inches (US)
6.26 Inches (US)
.95 Pounds (US)
$55.00 USD, £30.00 GBP
v2.1 Reference

Macroeconomic Policies and the Development of Markets in Transition Economies

Presenting the first integrated view of transition based on a unified analytical framework, this book evaluates the experience of several transition economies.

Fabrizio Coricelli's view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. Coricelli stresses particularly financial markets – the 'missing' market under the system of central planning – and he highlights fundamental trade-offs for economic policy which can play a crucial role in determining the success of reforms.

About the Author

Fabrizio Coricelli is Professor of Economy at the University of Siena and at the Central European University, Budapest.

Reviews

"Fabrizio Coricelli makes a brief, bold attempt to lay some generally applicable theoretical foundations for this peculiar branch of economics, where the conventional wisdom about why things work is even less helpful than usual."—The Economist

"Coricelli is well-known for his contributions in the field of macro-economic stabilization in the formerly centrally planned economies.Coricelli's book is appealing in its argumentation and, despite extensive use of algebra, well-accessible to readers lacking a mathematical background."—Economic Systems

9789639116054 : macroeconomic-policies-and-the-development-of-markets-in-transition-economies-coricelli
Hardback
176 Pages
$55.00 USD

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