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Afficher les exemplaires de cette édition ISBNAndras Simonovits asks three key questions: Why and how did investment activity fluctuate in the sixties? Why did the growth rate decelerate in the seventies? What was the reason for the stagnation of the eighties?
The author constructs a series of analytic mathematical models of cycles and slowdown to explore these questions. The first part of the book is devoted to the investment cycles of the East European socialist economies and the negative effect of long comletion times and high net import ratios. Part II models the slowdown and stagnation of the post–1973 period and in particular changes in the efficiency of investment and the terms of trade. The results point to the failure of the socialist economices to adapt quickly enough to falling investment effectiveness and rising debt.
Andras Simonovits rigorous and wide–ranging study is an important contribution to the literature on socialist economies and will do much to inform the debate over their transition.
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Description du livre Hardcover. Etat : Near Fine. Etat de la jaquette : Near Fine. 1st Edition. First Edition. xiii, 198 pp. Original cloth. Near Fine, in near fine dust jacket. N° de réf. du vendeur 08872
Description du livre Hardcover. Etat : Very Good. Dust Jacket Included. 1st Edition. pp.xiii, 198 pages, some 31 figures and 18 tables, a very good hardback in a very good dust-jacket [0631176799]. N° de réf. du vendeur 17769
Description du livre Hardcover. Etat : Fair. No Jacket. Readable copy. Pages may have considerable notes/highlighting. ~ ThriftBooks: Read More, Spend Less 1.09. N° de réf. du vendeur G0631176799I5N00