The economics of post-communist transition / Olivier Blanchard.

Economist Olivier Blanchard presents a unified analysis of the process of transition in Central and Eastern Europe. The U-shaped response of output which the transition has led to, its causes and its implications, are the subject of the book.

Saved in:
Bibliographic Details
Main Author: Blanchard, Olivier (Olivier J.)
Format: eBook
Language:English
Published: Oxford : Clarendon Press, ©1997.
Series:Clarendon lectures in economics.
Subjects:
Online Access:Click for online access
Table of Contents:
  • The Basic Facts
  • The Evolution of Aggregate Output
  • Composition Effects and the Evolution of Manufacturing Output
  • The Evolution of Productivity and Employment
  • Unemployment
  • Investment
  • Perceptions of Pain and Progress
  • Summary and Comparisons: East Germany, Russia
  • The Basic Mechanisms
  • Reallocation
  • Disorganization
  • Restructuring
  • Macroeconomic Policies
  • Looking at the Pieces
  • The Initial Adjustment of State Firms
  • Restructuring and Privatization
  • Reallocation, Flows, and Unemployment
  • Putting the Pieces Together
  • A Benchmark Model
  • Policies and Transition
  • Derailments, and Other Extensions.