Publications of the Egon-Sohmen-Foundation

Towards a Market Economy in Central and Eastern Europe

Editors: Giersch, Herbert (Ed.)

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About this book

In 1990, the countries of Central and Eastern Europe began or accelerated their transition to a market economy. This book addresses among others the following questions: (I) What are the fundamental causes of the collapse of the Soviet-type economic systems? (II) What major steps could be taken to make the transition process to a market economy irreversible and less painful? (III) What can be learned from West Germany's outstandingly successful postwar economic reforms? (IV) Is the issue of gradualism versus shock therapy still relevant? (V) If macroeconomic stability is a precondition, what is the role of privatization, deregulation and trade liberalization? (VI) What is the optimal sequence of steps in privatization, deregulation, liberalization and currency convertibility? (VII) How quickly may privatization be achieved? (VIII) Is the USSR really a special case and, if so, in what respects and for what fundamental reasons? (IX) How long in the transition period may the initial phase of disorder, chaos and decline last? (X) What can be learned from the experiences gathered so far in the major ex-communist countries?

Table of contents (9 chapters)

  • Some General Lessons from West Germany’s Postwar Experiences

    Giersch, Herbert

    Pages 1-21

  • West Germany’s Economic Reforms of 1948: The Lessons for Central and Eastern Europe Today

    Schmieding, Holger

    Pages 23-53

  • How It All Began: Sources of the Recent Breakdown of the Soviet Economic System

    Winiecki, Jan

    Pages 55-76

  • Main Obstacles to Rapid Economic Transformation of Eastern Europe: The Czechoslovak View

    Klaus, Václav

    Pages 77-91

  • The Polish Program of Stabilization

    Lutkowski, Karol

    Pages 93-108

Buy this book

eBook $119.00
price for USA in USD (gross)
  • ISBN 978-3-642-76572-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $159.00
price for USA in USD
  • ISBN 978-3-642-76574-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Towards a Market Economy in Central and Eastern Europe
Editors
  • Herbert Giersch
Series Title
Publications of the Egon-Sohmen-Foundation
Copyright
1991
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-76572-8
DOI
10.1007/978-3-642-76572-8
Softcover ISBN
978-3-642-76574-2
Edition Number
1
Number of Pages
IX, 169
Topics