Macroeconomic Policies and the Development of Markets in Transition Economies / / Fabrizio Coricelli.

• Superior document: Title is part of eBook package: De Gruyter Central European University Press eBook-Package 2013-1998
• VerfasserIn: Coricelli, Fabrizio,
• Place / Publishing House: Budapest ;, New York : : Central European University Press, , [1997]; ©1998
• Year of Publication: 1997
• Language: English
• Physical Description: 1 online resource (177 p.)
• Other title: Frontmatter --; Contents --; Acknowledgments --; Introduction --; 1. Stabilization, Liberalization, and Macroeconomic Performance --; 2. Monetary Policy and Financial Markets in Transition Economies --; 3. Macroeconomic Constraints and Feedback --; 4. Income Distribution and the Dynamics of Reform --; Notes --; References --; Index
• Format: Mode of access: Internet via World Wide Web.
• ISBN: 9789633864869; 9783110780550
• DOI: 10.1515/9789633864869?locatt=mode:legacy
• Access: restricted access
• Hierarchical level: Monograph
• Statement of Responsibility: Fabrizio Coricelli.

Presenting the first integrated view of transition based on a unified analytical framework, this book evaluates the experience of several transition economies. Fabrizio Coricelli's view of transition emphasizes the connection between peculiar initial conditions and the effects of market reforms. Taking the starting point of underdeveloped markets and market institutions, he evaluates macroeconomic policies in relation to their impact on the development of markets. Coricelli stresses particularly financial markets – the 'missing' market under the system of central planning – and he highlights fundamental trade-offs for economic policy which can play a crucial role in determining the success of reforms.