Macroeconomic instability in post-communist countries
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Word Count
95,000 words, Guess
Page Count
380 pages
Identifiers
- Open LibraryOL683810M
- ISBN-100198290489
- OCLC Control Number37443335
- OCLC Control Numbermacroeconomicins0000rost
- Library of Congress Control Number97030583
and 1 more
- Goodreads5242779
Classifications
- DDC339.5/0947
- LCCHC244 .R595 1998
Description
This book examines the causes of very high inflation--and of the great drop in statistically measured output--in the post-Communist countries of Central and Eastern Europe and in the former Soviet Union. It focuses on several key topics: the fundamental nature of the shift from supply-constrained economies (in which there is no unemployment) to ones that are constrained by demand; the reconstruction of monetary and credit systems; and the central role of macroeconomic stabilization and generalized liberalization in creating the basis for private sector growth. Many of the chapters herein have grown out of policy debates in which the author participated.--Publisher description.
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