1.

Record Nr.

UNINA9910826068603321

Autore

Mitra Pradeep

Titolo

Turmoil at twenty : recession, recovery, and reform in Central and Eastern Europe and the former Soviet Union / / Pradeep Mitra, Marcelo Selowsky, and Juan Zalduendo

Pubbl/distr/stampa

Washington, DC, : World Bank, c2010

ISBN

9786612355790

1-282-35579-1

0-8213-8114-8

Edizione

[1st ed.]

Descrizione fisica

xiv, 258 pages : illustrations, map ; ; 23 cm

Altri autori (Persone)

SelowskyMarcelo

ZalduendoJuan

Disciplina

330.947

Soggetti

Banks and banking - Europe, Eastern

Banks and banking - Europe, Central

Banks and banking - Former Soviet republics

Europe, Eastern Economic conditions 20th century

Europe, Central Economic conditions 20th century

Former Soviet republics Economic conditions 20th century

Europe, Eastern Economic policy

Europe, Central Economic policy

Former Soviet republics Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 253-258).

Nota di contenuto

Prelude to the crisis -- How much adjustment? how much financing? -- Restructuring bank, corporate, and household debt -- Scaling up social safety nets -- Prioritizing structural reform -- The day after.

Sommario/riassunto

Two decades since the fall of the Berlin wall, Central and Eastern Europe and the former Soviet Union, is experiencing the deepest contraction and is expected to see the weakest recovery in output among all emerging and developing economy regions a result of the global financial and economic crisis. Their commitment to open trade and financial integration as part of the transition from plan to market has brought many gains, but a combination of large global imbalances



during this period and policy weaknesses in a number of countries made them vulnerable to the crisis. The global recession