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Market-oriented Systemic Transformations in Eastern Europe

Problems, Theoretical Issues, and Policy Options

  • Book
  • © 1992

Overview

Authors:
  1. Paul J. J. Welfens

    1. Department of Economics, University of Münster, Münster, Germany

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Table of contents (5 chapters)

  1. Front Matter

    Pages I-XII
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  2. Characteristics of the Centrally Planned Economy and Systemic Collapse

    • Paul J. J. Welfens
    Pages 1-44

  3. Inefficiency, Instability, and Restricted Options

    • Paul J. J. Welfens
    Pages 45-89

  4. Privatization and Foreign Investment in Eastern Europe

    • Paul J. J. Welfens
    Pages 91-148

  5. Foreign Economic Liberalization in Eastern Europe

    • Paul J. J. Welfens
    Pages 149-210

  6. East-West Problems in Europe and North-South Conflicts

    • Paul J. J. Welfens
    Pages 211-244

  7. Back Matter

    Pages 245-263
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Keywords

About this book

Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.

Authors and Affiliations

  • Department of Economics, University of Münster, Münster, Germany

    Paul J. J. Welfens

Bibliographic Information

  • Book Title: Market-oriented Systemic Transformations in Eastern Europe

  • Book Subtitle: Problems, Theoretical Issues, and Policy Options

  • Authors: Paul J. J. Welfens

  • DOI: https://doi.org/10.1007/978-3-642-58140-3

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1992

  • Hardcover ISBN: 978-3-540-55793-7Published: 10 September 1992

  • Softcover ISBN: 978-3-642-63482-6Published: 04 October 2012

  • eBook ISBN: 978-3-642-58140-3Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XII, 264

  • Topics: Macroeconomics/Monetary Economics//Financial Economics, Economics, general

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