Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development by Stephan, J.

Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development (Hardcover) (ISBN-13: 9780333751435)

Vendor: J. Stephan
Product type: Books
Format: Hardcover
$109.99
$109.99
$109.99
Subtotal: $109.99
Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development by Stephan, J.

Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development

$109.99
Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development by Stephan, J.

Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development

$109.99
Format: Hardcover
Description
Description
x
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.

Author: J. Stephan
ISBN-10: 0333751434
ISBN-13: 9780333751435
Publisher: Palgrave MacMillan
Language: English
Published: 02/08/1999
Pages: 293
Format: Hardcover
Weight: 1.20lbs
Size: 8.50h x 5.50w x 0.81d
By J. Stephan
By J. Stephan
x
DR. JOHANNES STEPHAN is Research Fellow at the Institute for Economic Research Halle. Following his graduation from the Freie Universität Berlin in 1994, he undertook a doctoral research project on the economics of systemic transformation and economic development in post-socialist economies which he finalised in 1997 at the Institute for German Studies, University of Birmingham.

Recently Viewed Products