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Monetary Reform in Former Socialist Economies (Hardcover, New)
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Monetary Reform in Former Socialist Economies (Hardcover, New)
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Radical change seems to be the only panacea for inefficient
economies. This work takes a look at the financial system and its
function in socialist central planning economies. It provides an
explanation of the partial reforms in socialist economies from the
1950s to 1988. With Yugoslavia as the example, the work discusses
financial and monetary reforms and adjustments in socialist
economies. An explanation of monetary reform includes the changes
in the role of financial intermediation and monetary policy goals,
target and instruments, and methodological questions. General
conclusions about recent monetary reforms in socialist economies
completes the discussion. Scholars, students, and those interested
in comparative, developmental, international, and historical
economics will find this a valuable resource and interesting
reading. It is an especially useful book at the graduate and
seminar level.
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