Business & Economics Books:

Adjustment, Structural Change, and Economic Efficiency

Aspects of Monetary Cooperation in Eastern Europe
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Description

This book examines the indirect instruments and the related institutions that help to coordinate key economic decisions within and among the economies belonging to the Council for Mutual Economic Assistance (CMEA). The chief purpose is two-fold: to assess their adequacy in light of the forced economic adjustments of the early 1980s and to formulate feasible changes for both in order to avert a recurrence of such developmental obstacles. Jozef van Brabant argues that these instruments and institutions are inadequate. He proposes that a resumption of rapid growth depends largely upon bolstering factor productivity growth, which can only be achieved through positive structural changes and a root-and-branch reform of the individual and groupwide economic mechanisms.
Release date Australia
December 25th, 1987
Audience
  • Professional & Vocational
Illustrations
11 Tables, unspecified; 2 Line drawings, unspecified
Pages
502
Dimensions
140x216x32
ISBN-13
9780521334556
Product ID
1769804

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