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Books > Social sciences > Politics & government > Central government > Central government policies
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Economic Restructuring and Integration in Eastern Europe - Experiences and Policy Implications (Paperback)
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Economic Restructuring and Integration in Eastern Europe - Experiences and Policy Implications (Paperback)
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This book contains the main results of INDEUNIS, which is an
international research project coordinated by the Vienna Institute
for International Economic Studies and financed by the European
Commission under its Sixth Framework Programme. Researchers from
Austria, Poland, Hungary, Estonia, Finland, Russia, Belarus,
Kazakhstan, and Ukraine have jointly investigated recent
experiences with economic transition, restructuring, and
integration. There is a set of non-exclusive policy options for the
NIS (Newly Independent States) which include being able to proceed
with the liberalization and institutional development process, to
provide more government budget for renewing and expanding
infrastructure, to establish an Industrial Policy to promote
priority sectors, and to use tariff and other protection for
temporary support to infant-industries. The bottom line on the
experience of structural change and policy implications for the
future is that the NMS (New EU Member States) provide an object
lesson for the NIS. The major component of NMS' success has been
the steady progress in market reforms, including liberalization,
all with a small lag in institutional development. The best
recommendation for the NIS is to follow the same path, despite the
problems early delay has caused.
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