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Structural Change and Exchange Rate Dynamics
Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output – this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.
The Transformation of State Socialism
This book considers aspects of transformation of former state socialist countries: social and economic outcomes; forces in the transformation process; problems of consolidation of the new regimes;and other scenarios. It also looks at alternative types of society that might replace state socialism, particularly state capitalism and market socialism.
Trade and Transition
Export promotion covers various fiscal, commercial and exchange rate measures that governments can take to ensure some neutrality when comparing domestic and export markets. These essays discuss export promotion and its pros and cons.
Competitiveness of New Europe
Edited by a leading scholar in transition economics, this book examines the nations that make up the so-called 'New-Europe' to look at the economic competitiveness in comparison with each other and the rest of Europe.
Economic Growth and Structural Features of Transition
This book examines, theoretically and empirically, the key aspects and differences of economic growth. It provides a comprehensive investigation of the numerous features of development in transition countries, covering the last two decades, from the fall of the Berlin Wall in 1989 to the current financial crisis.
Serbia’s Transition
The book analyzes the twenty years of economic transition from socialism to capitalism in Serbia. It offers a comprehensive evaluation of the achievements and failures of the transition, and explains why its course has been more complex and unique than elsewhere in the former socialist world.
Determinants of FDI Flows within Emerging Economies
This study provides a detailed examination of foreign direct investment (FDI) in Poland and explores the impact this has on foreign investment policy. It analyzes and identifies location patterns of FDI and strives to determine the supporting motives behind location choices of foreign companies.
In the Grip of Transition
This book provides a detailed picture of the equity and efficiency of economic restructuring, focusing on the two most important successor states to the Soviet Union. Analysis is based on a careful examination of micro level data, documenting the experiences of workers, households and firms.
Economics of Institutional Change
This book, a second edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance.
The Technological Role of Inward Foreign Direct Investment in Central East Europe
Foreign direct investment (FDI) assumed a prominent role in Central East Europe (CEE) early on in the transition process. Foreign investors were assigned the task of restructuring markets, providing capital and knowledge for investment in technologically outdated and financially ailing firms.
