Highlighting recent revolutionary changes, this volume deals with
the transformation from central planning towards more efficient
economic structures in Eastern and Central Europe and the (former)
Soviet Union. Political democracy and the creation of market
economies have now become realistic aims; but the process of reform
is only just beginning and is likely to take many years. The papers
and discussion in this book deal with systematic changes,
deregulation, abolition of price controls and macroeconomic fiscal
and monetary policies needed to stablize the economies and to
implement appropriate structural changes.
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