Home » Transformation of Economy as a Real Process
Product Image

Transformation of Economy as a Real Process

Daniel Daianu
€107.99
Quantity:
Ships in 10-20 days
Delivery/Collection within 10-20 working days
Shipping & Delivery
A01=Daniel Daianu
Author_Daniel Daianu
Capital Inflows
Category=KC
Category=KCA
Category=KCP
Category=KCZ
Current Account Balance
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Exchange Rate
financial sector reform
High Laxity
IMF
institutional economics
Inter-enterprise Arrears
Interenterprise Arrears
Ken Jowitt
macroeconomic stabilisation
NATO
path dependency theory
Post-command Economies
Post-communist Countries
post-communist economies
Post-communist Transformation
Postcommunist Countries
Production Possibilities Curve
Quasi-fiscal Deficit
Real Interest Rates
Resource Misallocation
Resource Reallocation
Romanian Economy
Shock Therapy
Shock Treatment
Stabilisation Policy
sustainable development in Eastern Europe
underground economy analysis
USA
Vice Versa
Visegrad Group

Product details

  • ISBN 9781138365018
  • Weight: 780g
  • Dimensions: 152 x 219mm
  • Publication Date: 05 Jun 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
Secure checkout Fast Shipping Easy returns
Description

First published in 1998, this volume is a contribution to the economic analysis of post-communist transformation in an evolutionary-institutionalist approach. The author shows convincingly the role of path dependency, of the ways history matters for the success of otherwise sound policies, and highlights structural hindrances to fast and successful transformation. Thence emerges the key concept of strain. The book addresses the question of how to create conditions for sustainable development in societies where these are lacking, and stresses the importance of institutional change. It also emphasises the role of sound banking institutions and proper regulations, the crucial issue of financial vulnerability and fragility, the role of reputation, means to fight non-payments, limit to optimal policies, etc. The author covers a broad international literature and relates it to his insights as a local observer, which delivers an interesting reading.

More from this author