Economic Transition in Hungary and East Germany : Gradualism, Shock Therapy and Catch-Up Development Hardback
by J. Stephan
Part of the Studies in Economic Transition series
Hardback
Description
What factors determine the success of economic transition, development and growth?
Examining the contrast between East German shock-therapy and Hungary's gradualism, the book generates a set of generalisable conditions for economic development which imply some degree of state intervention and strategy.
A stability-oriented incomes policy and a carefully managed integration strategy can enable sustainable export surpluses, a competitive currency and macroeconomic stability, whilst providing sufficient room for economic restructuring, structural transformation and technological catch-up.
The dangers of premature integration are examined.
Information
-
Out of stock
- Format:Hardback
- Pages:293 pages, XV, 293 p.
- Publisher:Palgrave Macmillan
- Publication Date:08/02/1999
- Category:
- ISBN:9780333751435
Other Formats
- PDF from £76.08
Information
-
Out of stock
- Format:Hardback
- Pages:293 pages, XV, 293 p.
- Publisher:Palgrave Macmillan
- Publication Date:08/02/1999
- Category:
- ISBN:9780333751435
