MACROECONOMIC PROBLEMS OF TRANSFORMATION - 9781858980607

MACROECONOMIC PROBLEMS OF TRANSFORMATIONStabilization Policies and Economic Restructuring\nAuthor(s): Hansjrg Herr, Silke Tober, Andreas Westphal\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781858980607, 978-1858980607\nSynopsis\nIn Macroeconomic Problems of Transformation a distinguished group of economists examines the cause of the dramatic output collapse in the transforming economies of Eastern Europe and formulates policies to promote economic [url] on scholarship from East and West, this book features discussion of such important aspects of the transformation process as the role of monetary policy, fiscal crises, exchange rate policies and privatization. In particular, several authors stress the importance of dealing with the distortions still existing in financial sectors and argue that export-led growth may be a potential driving force of accumulation in the economies currently in transition. The c.