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Output Decline in Eastern Europe
. Ed(S): Holzmann, Robert; Gacs, Janos; Winckler, Georg
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Description for Output Decline in Eastern Europe
Paperback. Editor(s): Holzmann, Robert; Gacs, Janos; Winckler, Georg. Series: International Studies in Economics and Econometrics. Num Pages: 383 pages, biography. BIC Classification: J; KCL; KCS. Category: (P) Professional & Vocational. Dimension: 240 x 160 x 21. Weight in Grams: 636.
The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp output decline. The fall in real GDP exceeded 20% while real industrial production decreased even by 40%. Output Decline in Eastern Europe aims at providing comprehensive, multi-factor explanations for this unique, painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns ... Read more
The first phase of transition to a market economy in Central and Eastern Europe was characterized by a sharp output decline. The fall in real GDP exceeded 20% while real industrial production decreased even by 40%. Output Decline in Eastern Europe aims at providing comprehensive, multi-factor explanations for this unique, painful experience. Various hypotheses are analyzed: credit and fiscal policies may have been too tight; the collapse of the CMEA and the USSR came as a shock; domestic producers were neither experienced, nor flexible enough to adjust the output to new patterns ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer Netherlands
Number of pages
383
Condition
New
Series
International Studies in Economics and Econometrics
Number of Pages
383
Place of Publication
Dordrecht, Netherlands
ISBN
9789401041256
SKU
V9789401041256
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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