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Könyv Order of Economic Liberalization Ronald I. McKinnon

Order of Economic Liberalization

Financial Control in the Transition to a Market Economy

Szerző: Ronald I. McKinnon
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: Johns Hopkins University Press
Elérhetőség: Beszállítói készleten alacsony példányszámban
Küldés 11-15 napon belül
12 430 Ft
Can knowledge of financial policies in developing countries over four decades help the socialist eco...

Információk a könyvről

Szerző
Ronald I. McKinnon
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
1993
oldal
264
EAN
9780801847431
Enbook ID
04708534
Kiadó
Johns Hopkins University Press
Súly
369
Méretek
152 x 229 x 15

Teljes leírás

Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.

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