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Making markets : economic transformation in Eastern Europe and the post-Soviet states

Author: Shafiqul Islam; Michael Mandelbaum
Publisher: New York : Council on Foreign Relations Press, ©1993.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"The collapse of communism in Europe and the former Soviet Union has produced one of the most daunting tasks of the twentieth century: the construction of market economies out of the wreckage of central planning. While there is a lively debate among economists on this transformation, little has reached a nonspecialist audience." "In Making Markets, Shafiqul Islam and Michael Mandelbaum call on four eminent  Read more...
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Genre/Form: Aufsatzsammlung
Kongress
Kongreß
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Shafiqul Islam; Michael Mandelbaum
ISBN: 087609129X 9780876091296
OCLC Number: 27109241
Notes: "Council on Foreign Relations books"--Title page verso.
Description: ix, 238 pages : illustrations ; 23 cm.
Contents: From central planning to a market economy / Richard Portes --
Economic transormation in Central and Eastern Europe / Paul Marer --
Economic reform in the USSR and its successor states / Robert W. Campbell --
Western financial assistance and Russia's reforms / Jeffrey Sachs --
Appendix to chapter 4 : a note on G-7 assistance extended to the Soviet Union --
Conclusion : problems of planning a market economy / Shafiqul Islam.
Responsibility: edited by Shafiqul Islam and Michael Mandelbaum.

Abstract:

"The collapse of communism in Europe and the former Soviet Union has produced one of the most daunting tasks of the twentieth century: the construction of market economies out of the wreckage of central planning. While there is a lively debate among economists on this transformation, little has reached a nonspecialist audience." "In Making Markets, Shafiqul Islam and Michael Mandelbaum call on four eminent economists to summarize the state of current thinking. Richard Portes, Centre for Economic Policy Research in London, surveys the process of transition, examining its primary features and the problems that will be faced in light of Western economic theory and international economic practice. Paul Marer, Indiana University, gives a detailed account of the transition already underway in Central Europe. Robert Campbell, Indiana University, discusses the special problems confronting the Soviet Union's successor states, particularly Russia. Jeffrey Sachs, Harvard University and adviser to the Russian and Polish governments, considers the role of the West, citing episodes in economic history in which external support made success possible."--Jacket.

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