Stabilization and Privatization in Poland is popular PDF and ePub book, written by K. Poznanski in 2012-12-06, it is a fantastic choice for those who relish reading online the Political Science genre. Let's immerse ourselves in this engaging Political Science book by exploring the summary and details provided below. Remember, Stabilization and Privatization in Poland can be Read Online from any device for your convenience.
Stabilization and Privatization in Poland Book PDF Summary
Stabilization and Privatization: An Economic Evaluation of the Shock Therapy Program is the first comprehensive account of Poland's economic transition since mid-1989. Monetary stabilization, trade liberalization (including convertibility) and privatization of state capital assets are discussed. Sources of economic recession which have accompanied the post-1989 transition are analyzed. The role of demand-side factors (i.e. monetary contraction) is weighed against that of supply-side factors (i.e. credit availability). The prevailing view is that the recession has been supply-type rather than demand-type. Economic performance has been impacted by the lack of a proper institutional framework (e.g. a segmented banking sector, diluted property rights). Arguments in favor of evolutionary reforms and market enhancing measures are presented. Stabilization and Privatization examines the main components of Poland's shock therapy program implemented in 1990. Post-shock recession, lasting at least through 1992, is examined to establish whether a sharp decline in output was caused by excessive demand contraction or lack of accommodating credit policies. The merits of an evolutionary approach and a more proactive state are debated.
Detail Book of Stabilization and Privatization in Poland PDF
- Author : K. Poznanski
- Release : 06 December 2012
- Publisher : Springer Science & Business Media
- ISBN : 9789401122061
- Genre : Political Science
- Total Page : 268 pages
- Language : English
- PDF File Size : 12,5 Mb
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