This book focuses on the experiences of foreign economic liberalization in countries that differ in size, resource endowment, level of development, and political conditions. It combines theories of economic liberalization with a wide variety of case studies from market and socialist economies.
Part One: Introduction and Overview 1. Introduction 2. Economic Liberalization in Eastern Europe and in Market Economies Part Two: Market-Economy Experiences 3. The Design of Successful Trade Liberalization Policies 4. Liberalization Attempts and Outcomes 5. Policy Choices in the Newly Industrializing Countries 6. Foreign Trade Strategies of Nations: A New Interpretation 7. Liberalization and Foreign Direct Investment 8. Economic Liberalization in Spain 9. Trade Liberalization in Israel 10. Micro and Macro Foundations of Japan's Economic Success 11. Liberalization in Korea and Taiwan 12. Mexico's Liberalization and Eastern Europe Part Three: Hungary's Experiences and Policy Options 13. Transforming Commercial Relations within the CMEA: The Case of Hungary 14. Foreign Trade Liberalization (1968–1990) 15. Visible and Invisible Trade Regulation and Deregulation 16. Trade Policy Recommendations 17. Lessons of Market Economies for Hungary 18. Why We Must Liberalize in a Hungarian Way Part Four: Central and Eastern Europe and China 19. Poland and Eastern Europe: What Is To Be Done? 20. Liberalization and Stabilization 21. Liberalization and Privatization 22. Systemic Change: Constraints and Driving Forces 23. China's Industrial and Foreign Trade Reforms