Macroeconomic Instability in Post-Communist Countries Jacek Rostowski

ISBN: 9780198290483

Published: April 23rd 1998

Hardcover

400 pages


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Macroeconomic Instability in Post-Communist Countries  by  Jacek Rostowski

Macroeconomic Instability in Post-Communist Countries by Jacek Rostowski
April 23rd 1998 | Hardcover | PDF, EPUB, FB2, DjVu, AUDIO, mp3, RTF | 400 pages | ISBN: 9780198290483 | 6.54 Mb

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: theMoreThis 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.



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