Recent cataclysmic changes in the international economic order are
shaping the global policy choices of the 1990s. In his final
collection of essays, the late Bela Balasa, a foremost
international economist, examines the implications of these recent
changes for developed, developing and reforming socialist
economies. Essays include development strategies, adjustment
policies, the public sector, and financial liberalization, economic
integration in Eastern Europe, and trade policy negotiations.
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