Stabilization and Privatization in Poland

Name: Stabilization and Privatization in Poland
Brand: Springer
SKU: 9789401049788
Price: 105.15 EUR
Availability: InStock

An Economic Evaluation of the Shock Therapy Program

Автор: K. Poznanski

Език:

Корици: С меки корици

Издател: Springer

Наличност: Външен склад

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105.15 € 205.65 лв

Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is the first co...

Информация за книгата

Автор

K. Poznanski

Език

Английски език

Корици

Книга - С меки корици

Издадена

2012

страници

272

EAN

9789401049788

ISBN

9789401049788

Enbook ID

06618867

Издател

Springer

Теглоt

456

Размери

178 x 239 x 16

Пълно описание

Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is the first comprehensive account of Poland's economic transition since mid-1989. Monetary stabilization, trade liberalization (including convertibility) and privatization of state capital assets are discussed. Sources of economic recession which have accompanied the post-1989 transition are analyzed. The role of demand-side factors (i.e. monetary contraction) is weighed against that of supply-side factors (i.e. credit availability). The prevailing view is that the recession has been supply-type rather than demand-type. Economic performance has been impacted by the lack of a proper institutional framework (e.g. a segmented banking sector, diluted property rights). Arguments in favor of evolutionary reforms and market enhancing measures are presented.§Stabilization and Privatization examines the main components of Poland's shock therapy program implemented in 1990. Post-shock recession, lasting at least through 1992, is examined to establish whether a sharp decline in output was caused by excessive demand contraction or lack of accommodating credit policies. The merits of an evolutionary approach and a more proactive state are debated.

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Stabilization and Privatization in Poland

An Economic Evaluation of the Shock Therapy Program

Информация за книгата

Пълно описание

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