Bringing together different perspectives on structural adjustment
and the prospect for sustainable economic growth in Eastern Europe,
Economics of Transition represents a shift in scholarly emphasis
away from issues of stabilization and liberalization in favour of
longer-term considerations. This major volume features a
distinguished collection of papers focusing on the theoretical and
policy implications of transition and change in Eastern Europe.
Drawing on work from a wide range of traditions, it explores how
effective demand induces growth, how diffusion takes place, how
economic policy influences incentives, motivations and behaviours,
how institutions influence organization and technological
capability building, and how institutions both constrain and guide
economic policy. Economics of Transition is the first of a major
new series published by Edward Elgar for The Vienna Institute for
Comparative Economic Studies. The intention of this new series is
to encourage discussion on the economic theory and policy of
transition and European economic integration.
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