(Nicholas Stern)
"The collection of essays provides a remarkable comparative analysis of the Czech transition process. The various chapters furnish the reader with thorough and up-to-date insights into crucial macroeconomic, microeconomic, and political aspects of transition. The book highlights the unique success of the Czech process in terms of the speed and extent of privatization and macroeconomic stability, but, interestingly, it underlines that the Czech Republic has so far been unable to foster rapid output, productivity, and income growth. There is no doubt that the book identifies and illuminates key issues. It will be of great value to policy makers, scholars and those interested in understanding the complex process of transition to a market economy."
The Czech Republic and Economic Transition in Eastern Europe is the first in-depth, comparative analysis of the Czech Republic's economic transition after the fall of the Communist bloc. Edited by Jan Svejnar, a principal architect of the Czech economic transformation and Economic Advisor to President Vaclav Havel, the book poses important questions about the Republic and its partners in Central and Eastern Europe. The thirty-five essayists describe the country's macroeconomic performance: its development of capital markets: the structure and performance of its industries, its unemployment, household behaviour, and income distribution, and the environmental and health issues it faces.
Product Description
A comparative analysis of the Czech Republic's economic transition after the fall of the Communist bloc. This book poses questions about the Republic and its partners in central and eastern Europe. It describes the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behaviour, and income distribution; and the environmental and health issues it faces.