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Economic Dynamics in Transitional Economies
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Learn more about the transitional economies of Central and Eastern Europe!
This book examines the economic dynamics of Central and Eastern European post-Communist countries. It illuminates the paths these countries are taking toward restructuring their markets, increasing international trade, and bettering their connections with the European Union and other countries. Beginning with a comparative analysis of the three “P-governments”—Pigouvian, Partizan, and Paternalistic—and continuing with a discussion of the interrelated political and economic difficulties of transition, author Bruno Sergi proposes a surprising solution. Inspired by the Bruxelles consensus, he proposes that the European Commission should become a fourth “P-government,” replacing the role formerly played by the Washington consensus in the restructuring of post-Communist economies.
Economic Dynamics in Transitional Economies also explores:
- regional comparative macroeconomics
- the aftereffects of the Washington Consensus
- integration of Eastern and Western European economies
- interrelations between national and regional monetary activity
- political and economic policy reform
- involvement of European Union member countries
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