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Item Details
Title: EMERGING FROM COMMUNISM
LESSONS FROM RUSSIA, CHINA, AND EASTERN EUROPE
By: Peter Boone (Editor), Stanislaw Gomulka (Editor), Richard Layard (Editor)
Format: Hardback

List price: £8.99
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ISBN 10: 0262024470
ISBN 13: 9780262024471
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Publisher: MIT PRESS LTD
Pub. date: 30 September, 1998
Series: Emerging from Communism
Pages: 252
Description: Issues addressed include inflation, privatization, enterprise restructuring, banking reform and labor market policy, and the role of decentralization in China's growth.
Synopsis: The collapse of communism in Europe was one of the most important world events since the end of World War II. Although China has taken major steps in the direction of capitalism, in Eastern Europe, China, and Central Asia the transformation has been only partly accomplished; in Cuba and North Korea it has not even begun. In Eastern Europe and Russia, economic reforms were accompanied by huge falls in output, followed by some recovery in Eastern Europe, especially in Poland. By contrast, in China output has grown steadily at a rate never seen in Europe.If free markets and private ownership are meant to increase economic opportunity and welfare, why has their introduction been accompanied by such pain in Eastern Europe and Russia? The contributors to this book believe that future reform strategies in any country depend on understanding what has occurred in these emerging economies so far. Issues addressed include inflation, privatization, enterprise restructuring, banking reform and labor market policy, and the role of decentralization in China's growth.Contributors : Peter Boone, Saul Estrin, Stanislaw Gomulka, Jacob Horder, Richard Jackman, Richard Layard, Sweder Van Wijnbergen, Wing Thye Woo, Chengang Xu, Juzhong Zhuang.
Publication: US
Imprint: MIT Press
Returns: Returnable
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