Economic Transition in Hungary and East Germany Gradualism, Shock Therapy and Catch-Up Development
Aus der Reihe
Studies in Economic Transition
Fr. 125.90
inkl. gesetzl. MwSt.Beschreibung
Produktdetails
Format
Kopierschutz
Nein
Family Sharing
Nein
Text-to-Speech
Nein
Erscheinungsdatum
08.02.1999
Verlag
Palgrave Macmillan UKSeitenzahl
293 (Printausgabe)
Dateigröße
3685 KB
Sprache
Englisch
EAN
9780230596580
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.
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