The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy (Johns Hopkins Studies in Development) - Softcover

McKinnon, Ronald I.

 
9780801847431: The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy (Johns Hopkins Studies in Development)
Softcover
ISBN 10: 0801847435 ISBN 13: 9780801847431
Verlag: JOHNS HOPKINS UNIV PR, 1993

Inhaltsangabe

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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Über die Autorin bzw. den Autor

Ronald I. McKinnon is William Eberle Professor of International Economics at Stanford University. His publications include Money and Capital in Economic Development, Money in International Exchange: The Convertible Currency System, and An International Standard for Monetary Stabilization.

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Verlag
JOHNS HOPKINS UNIV PR
Erscheinungsdatum
1993
Sprache
Englisch
ISBN 10 
0801847435
ISBN 13 
9780801847431
Einband
Taschenbuch
Auflage
2
Anzahl der Seiten
264
Kontakt zum Hersteller
preigu GmbH & Co. KG
mail@preigu.de

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Osnabrück
Niedersachsen
49078
Deutschland

Weitere beliebte Ausgaben desselben Titels

9780801841705: The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy

Vorgestellte Ausgabe

ISBN 10:  0801841704 ISBN 13:  9780801841705
Verlag: Johns Hopkins University Press, 1991
Hardcover