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The New Europe: Evolving Economic and Financial Systems in East and West (Hardcover, 1993 ed.)
Loot Price: R4,766
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The New Europe: Evolving Economic and Financial Systems in East and West (Hardcover, 1993 ed.)
Series: Financial and Monetary Policy Studies, 26
Expected to ship within 10 - 15 working days
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The book refers to two transitions. Eastern European economies,
including CIS republics, are in the process of transition to a
market economy. EC countries are on the way to implementing an
economic and monetary union and many of them would welcome a
political union. EC countries cannot be separated from EFTA member
countries, nor Europe from the rest of the world. The two
transitions are different in kind, and in some respects are
opposed. While Western Europe is searching for more trade and
monetary integration, i.e. for more globalisation, Eastern
economies are exposed to disintegration. At the same time the East
is influenced by the West and both transitions have some common
challenges: the search for a model of capitalism, intermediate
between laissez-faire and interventionism; the search for
competition as a discipline and for efficiency. The book focuses on
privatization, economic reform, relationships between banks and
industry, the role of the State, the dynamics of banking and
financial sectors, monetary reform, the independence of the central
bank, the European monetary union, and East-West economic and
financial relations. This collection of papers, authored by members
of universities, financial institutions and international
organisations, is of outstanding interest for policy makers,
executives and academics.
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