By Yusaf H. Akbar, Rustam Jamilov
ISBN-10: 1784416827
ISBN-13: 9781784416829
Post-transition nations are coming of age and are impending the prestige of fully-blown constructing states. whereas the most difficulties highlighted in a classical transition storyline, resembling large-scale privatization, institutional formation, and personal area institution have mostly been solved, the hot monetary difficulty has printed clean demanding situations which call for greatest differentiated cognizance. Such vital modern matters as capital markets formation, financial transmission mechanism, fiscal integration, monetary zone sophistication, remittance administration, social welfare reform, and aggressive fringes stay to be tackled in a scientific, policy-oriented demeanour. 'Neo-Transitional Economics' fills this escalating literature hole via proposing a complete selection of viewpoints from the validated students and practitioners of the sphere. the final word objective of this publication is to provide an all-encompassing coverage toolkit for a profitable overcoming of all modern demanding situations that lie forward within the age of neo-transitional economics.
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Example text
Environmental regulations and their enforcement are likewise governmental responsibilities. So is the design and delivery of the welfare system. A not too highly skewed distribution of income and wealth is also a state responsibility. At the same time, however, the scope of the government must be limited so as not to encroach upon the many activities that the private sector does much better. Limited government means that the share of GDP redistributed by the government should remain well below 50%, perhaps not too far below that watershed in wealthy EMEs, where taxes and welfare spending can be higher.
Journal of Comparative Economics, 26(4), 691À717. Treisman, D. (1999a). The causes of corruption: A cross-national study. Paper presented at the Fifth Nobel Symposium in Economics: The Economics of Transition, Stockholm. Woo, W. (1994). The art of reforming centrally planned economies: Comparing China, Poland and Russia. Journal of Comparative Economics, 18(3), 276À308. ” The following broad generalizations are elaborated: (1) For a country’s sustained good economic performance, there is no alternative to a predominantly market-driven economy, supported by appropriate institutions.
Japan and the World Economy, 8(1), 207À223. , & Xu, C. (1999). Why is China different from Eastern Europe? Perspectives from organization theory. European Economic Review, 43(46), 1085À1094. Introduction to Neo-Transitional Economics 19 Rodrik, D. (1992). Political economy and development policy. European Economic Review (Papers and Proceedings), 36(2), 329À336. Roland, G. (1990). Complexity, bounded rationality and equilibrium: The Soviet-type case. Journal of Comparative Economics, 14(3), 401À424.
Neo-Transitional Economics by Yusaf H. Akbar, Rustam Jamilov
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