Contents
1. The Nature of the Transformation Crisis
- From Communism to Market Democracy
- The Nature of the Transformation Crisis in the Former Soviet Countries
- China's Economic Reform
2. Microoeconomic Transformation
- Corporate Control of Enterprises before Privatization
- The Growth of the Private Sector
3. External Economic Policy
- External Liberalization. Gradualism or Shock Approach?
- The Role of External Assistance in Overcoming the Transformation Crisis
4. Macroeconomic Transformation
- A Classical Explanation of the Output Decline in Central and Eastern Europe
- Lessons in Fiscal Consolidation
5. Policy Considerations
- Policies to Overcome the Transformation Crisis. The Case of Russia
1. The Nature of the Transformation Crisis
- From Communism to Market Democracy
- The Nature of the Transformation Crisis in the Former Soviet Countries
- China's Economic Reform
2. Microoeconomic Transformation
- Corporate Control of Enterprises before Privatization
- The Growth of the Private Sector
3. External Economic Policy
- External Liberalization. Gradualism or Shock Approach?
- The Role of External Assistance in Overcoming the Transformation Crisis
4. Macroeconomic Transformation
- A Classical Explanation of the Output Decline in Central and Eastern Europe
- Lessons in Fiscal Consolidation
5. Policy Considerations
- Policies to Overcome the Transformation Crisis. The Case of Russia