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Full Description
The contributors to this volume analyze the general problems of economic transition in countries of the former Eastern bloc: changing the ownership structure, abolishing the command economy, and integrating with the world economy. Because unique political, economic and social conditions in each nation require individual policy solutions, the contri
Contents
Foreword -- Introduction -- General Issues -- Transition from Command to Market Economies -- From Command to Exchange Economies -- Selected Aspects of Transition -- The Role of Money and Monetary Policy in Hungary -- The Inefficiency of Monetary Policy in a Socialist Country - Yugoslavia's Experiences -- Exchange Rate Policies and Convertibility in the CMEA Countries -- East-West Economic Relations under the Aspect of Changes in the CMEA -- Eastern and East-West Energy Prospects -- Unemployment and Social Security Measures in Eastern Europe -- Country-Specific Transition Policies -- Bulgaria: Delayed Transition Exacerbates Economic Crisis -- Czechoslovakia: Changes in Economic Practice Lag Behind Rhetoric -- Economic Prospects for East Germany after the DM-Shock -- Hungary: Slow but Determined Reform Policies -- Transition by Shock in Poland -- Poland: From Plan to Market through Crash? -- USSR: Economic Decline and Reform Disputes Continue -- Yugoslavia: Drop in Living Standards
