Economic Policy in Eastern Europe
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In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange controls and eliminating prohibitive tariffs and quotas. Now trying to join the integrated world economy, they are facing the challenge of finding strategic alliances and attracting foreign capital. This book analyzes economic policy in Eastern Europe with a focus on the financial arrangement of currency boards. It examines the main challenges facing East European countries, their economic policy strategies, the main challenges to the economies that…mehr

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Produktbeschreibung
In 1989 the post-Communist countries of Eastern Europe opened their economies by establishing more open exchange rate policies and exchange controls and eliminating prohibitive tariffs and quotas. Now trying to join the integrated world economy, they are facing the challenge of finding strategic alliances and attracting foreign capital. This book analyzes economic policy in Eastern Europe with a focus on the financial arrangement of currency boards. It examines the main challenges facing East European countries, their economic policy strategies, the main challenges to the economies that adopted currency boards, and whether currency boards were a solution. The book is organized into two parts. Part I addresses the challenges to economic policy in Eastern Europe, and Part II turns to the discussion of currency board arrangements.
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Autorenporträt
ILIANA ZLOCH-CHRISTY is currently a senior associate at St. Anthony's College, Oxford University. She previously held appointments at Harvard and Stanford Universities, as well as at the World Bank, the United Nations, and the International Monetary Fund. Her speciality is the East-West financial relations and the political economy of post-communist Europe. She is the author of Eastern Europe in a Time of Change (Praeger, 1994), East-West Financial Relations: Current Problems and Future Prospects (1991), and Debt Problems of Eastern Europe (1988).