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Transformation To a Market Economy.

Transformation To a Market Economy.

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  • ISBN:9781403934949
  • Editorial: Macmillan Publishers
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  • Nº Pág.:256
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Hubert Gabrisch and Jens Hölscher look at the economics of transition. The book assumes transformation of former socialist countries of Europe to a market economy to be a political concept, having a start and an end. Transformation is analyzed from the perspective of the end (EU membership), and not of the inherited burdens from the socialist system. Additionally, the authors look at the results of transformation and its ability to improve social standards, income, and growth.

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