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Adjustment, Structural Change, and Economic Efficiency : Aspects of Monetary Cooperation in Eastern Europe - Jozef M. van Brabant

Adjustment, Structural Change, and Economic Efficiency

Aspects of Monetary Cooperation in Eastern Europe

Hardcover Published: 25th December 1987
ISBN: 9780521334556
Number Of Pages: 502

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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.

List of figures and tables
Preface
notes on transliteration, referencing, and units
List of abbreviations
Introduction
The Environment of Socialist Economic Integration
Socialist economic integration in perspective
The CMEA's organization and policy programs
Adjustment policies in perspective
Indirect Coordination Instruments and Supporting Institutions
Socialist trade prices and CMEA cooperation
Domestic prices, structural adjustment, and economic reform
Exchange rates and foreign exchange policies
Eastern Europe in the world monetary system
The CMEA's nascent monetary system and the common banks
Factor mobility and investment coordination
The International Investment Bank
National and regional convertibility in the CMEA
A Development and Integration Scenario
Socialist economic integration and East-West relations in the late 1980s and beyond
Notes
Bibliography
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521334556
ISBN-10: 0521334551
Series: Cambridge Russian, Soviet and Post-Soviet Studies
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 502
Published: 25th December 1987
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 3.2
Weight (kg): 0.78