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Transformation of Economy as a Real Process: An Insider's Perspective book cover

1st Edition

Transformation of Economy as a Real Process An Insider's Perspective

By Daniel Daianu Copyright 1998
334 Pages
by Routledge

334 Pages
by Routledge

334 Pages
by Routledge
Also available as eBook on:
First published in 1998, this volume is a contribution to the economic analysis of post-communist transformation in an evolutionary-institutionalist approach. The author shows convincingly the role of path dependency, of the ways history matters for the success of otherwise sound policies, and highlights structural hindrances to fast and successful transformation. Thence emerges the key concept... Read more

1. The Path of Transformation. Part 1. Institutional Change. 2. Transformation and the Legacy of Backwardness. 3. Economic Policy in Public Debate. 4. Finance in Romania’s Quest for Modernisation – the Interwar Period and the Present. 5. Institutions, Strain and the Underground Economy. Part 2. Macroeconomic Stabilisation and Restructuring. 5. The Changing Mix of Dis-equilibria during Transition – a Romanian Background. 7. Resource Misallocation and Strain – Explaining Shocks in Post-Command Economies. 8. Structure and Strain in Explaining Inter-Enterprise Arrears. 9. Stabilisation and Exchange Rate Policy in Romania. Part 3. Transformation and External Environment. 10. Europe Under a Double Challenge. 11. Judging Romania’s Way in a Comparative Framework. 12. The European Union and Eastern Enlargement – a Compounded Challenge.

Biography

Daianu, Daniel

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