Czech Republic and Economic Transition in Eastern Europe

Name: Czech Republic and Economic Transition in Eastern Europe
Availability: OutOfStock
ISBN: 9780126781809

ISBN-10: 012678180X

ISBN-13: 9780126781809

Edition: 1995

Authors: Jan Svejnar

List price: $55.00

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Description:

The Czech Republic and Economic Transition in Eastern Europe is the first in-depth, comparative analysis of the Czech Republic's economic transition after the fall of the Communist bloc. Edited by Jan Svejnar,a principal architect of the Czech economic transformation and Economic Advisor to President Vaclav Havel, the book poses important questions about the Republic and its partners in Central and Eastern Europe. The thirty-five essayists describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues it faces. In this… in-depth, comparative analysis of the Czech Republic's economic transition, an international team of thirty-five economists examine the Republic and its partners in Central and Eastern Europe. Important questions and issues permeate the essays. For example, prior to 1939 the Czech Republic possessed the most advanced economy in the region; is it capable of reestablishing its dominance? Relative to its neighbors, the Republic ranks especially high on some transition-related performance indicators but low on others. What economic effects are related to the 1993 dissolution of the Czech and Slovak governments? And what can be learned by comparing the economic outcomes of two countries that shared legal and institutional frameworks? Data describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. Its most important contributions are its clarifications of the transition process. The authors included in Transforming Czechoslovakia combine the best available data and techniques of economic analysis to assess the replacement of the inefficient but internally consistent central planning system with a more efficient market system. These authors, among whom are central European economic analysts, senior U.S. economists, and Czechoslovakian professors and economic researchers, discuss the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. The essays vary between presentations of history and policy and technical examinations of data. Together they offer the most comprehensive and detailed assessment of the country's economic transformation in print. This book is important because its essayists compile results and reach conclusions that are broad and credible. The empirical data were gathered on the ground and have been subjected to advanced methodologies, including game theory, industrial organization, and Granger-Sims causality.

Book details

List price: $55.00
Copyright year: 1995
Publisher: Elsevier Science & Technology Books
Publication date: 7/28/1995
Binding: Hardcover
Pages: 434
Size: 6.50" wide x 9.50" long x 1.25" tall
Weight: 1.738
Language: English



Contributors


List of Figures


List of Tables


List of Abbreviations


Preface


Introduction and Overview


A Comparative Overview of Economic Developments in the Czech Republic


The Political System and Economic Transition


The Quality and Availability of Official Statistical Data


The Macroeconomic Situation in the Czech Republic


Money Demand and Seignorage in Transition


Efficiency of Transitional Economies: The Output-Inflation Tradeoff


Privatization Process in Czech Republic: Players and Winners


Corporate Governance and Share Prices in Voucher Privatized Companies


Manager Interests


Breakups and Performance of State Enterprises in Transition


Evolution and Efficiency of Concentration in Manufacturing


Performance of Manufacturing


Unemployment in the Czech and Slovak Republics


The Czech Household Sector in Transition


Changes in Expenditure and Income Inequality in the Czech and Slovak Republics


1989 vs. 1992


Economic Transformation and the Environment


Health Care Reform in the Czech Republic


References


Index