This book focuses on economic problems related to changes in the countries of the former Eastern Bloc and Yugoslavia, thus contributing to better understanding of the difficulties of economic transition which these countries must currently face.
Introduction Part One: General Issues 1. Transition from Command to Market Economies 2. From Command to Exchange Economies Part Two: Selected Aspects of Transition 3. The Role of Money and Monetary Policy in Hungary 4. The Inefficiency of Monetary Policy in a Socialist Country — Yugoslavia's Experiences 5. Exchange Rate Policies and Convertibility in the CMEA Countries 6. East-West Economic Relations Under the Aspect of Changes in the CMEA 7. Eastern and East-West Energy Prospects 8. Unemployment and Social Security Measures in Eastern Europe Part Three: Country-Specific Transition Policies 9. Bulgaria: Delayed Transition Exacerbates Economic Crisis 10. Czechoslovakia: Changes in Economic Practice Lag Behind Rhetoric 11. Economic Prospects for East Germany After the DM-Shock 12. Hungary: Slow but Determined Reform Policies 13. Transition by Shock in Poland 14. Poland: From Plan to Market Through Crash? 15. USSR: Economic Decline and Reform Disputes Continue 16. Yugoslavia: Drop in Living Standards