Transformation of Economy As a Real Process: An Insider's Perspective - Couverture rigide

Daianu, Daniel

Couverture rigide

ISBN 10 : 1840144750 ISBN 13 : 9781840144758

Editeur : Ashgate Publishing Limited, 1998

Synopsis

With a view from the inside, Daniel Daianu, presently Minister of Finance in Romania, provides an assessment of transformation pains and challenges for both the economies and the policy-making of transition. While macroeconomic stabilization is often seen as the engine of transformation, Daianu focuses on the interrelation between stabilization and structural policies and on the difficulty for policy makers - who are part of the structural environment - of gearing the institutions to adjust to the requirements of transition to market. What matters is not only institutional change per se, but its timing, quality, and sustainability which are confronted by social strains and in some countries, highly unfavourable legacies such as institutional backwardness. Countries unable to manage a comprehensive and balanced programme of transition to market, may find themselves caught up on an unfavourable and hard-to-break-away-from path of dependency. Backlashes are possible. There is a need for a vision among policy leaders and for powerful policy anchors, for example those provided by prospects of integration to more advanced institutional association such as the European Union and NATO.

Détails de l'édition

• Éditeur: Ashgate Publishing Limited
• Date d'édition: 1998
• Langue: anglais
• ISBN 10: 1840144750
• ISBN 13: 9781840144758
• Reliure: Relié
• Nombre de pages: 328
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible