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Record Nr. |
UNINA9910965091803321 |
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Autore |
Blanchard Olivier (Olivier J.) |
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Titolo |
The economics of post-communist transition / / Olivier Blanchard |
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Pubbl/distr/stampa |
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Oxford ; ; New York, : Clarendon Press, 1997 |
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ISBN |
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1-282-26837-6 |
9786612268373 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (164 p.) |
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Collana |
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Clarendon lectures in economics |
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Disciplina |
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Soggetti |
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Structural adjustment (Economic policy) - Europe, Eastern |
Privatization - Europe, Eastern |
Europe, Eastern Economic conditions 1989- |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Bibliographic Level Mode of Issuance: Monograph |
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Nota di bibliografia |
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Includes bibliographical references (p. [135]-141) and index. |
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Nota di contenuto |
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Intro -- Preface -- Contents -- List of Figures -- List of Tables -- 1. The Basic Facts -- 1.1 The Evolution of Aggregate Output -- 1.2 Composition Effects and the Evolution of Manufacturing Output -- 1.3 The Evolution of Productivity and Employment -- 1.4 Unemployment -- 1.5 Investment -- 1.6 Perceptions of Pain and Progress -- 1.7 Summary and Comparisons: East Germany, Russia -- Appendix -- Notes -- 2. The Basic Mechanisms -- 2.1 Reallocation -- 2.2 Disorganization -- 2.3 Restructuring -- 2.4 Macroeconomic Policies -- 2.5 Conclusions -- Notes -- 3. Looking at the Pieces -- 3.1 The Initial Adjustment of State Firms -- 3.2 Restructuring and Privatization -- 3.3 Reallocation, Flows, and Unemployment -- Notes -- 4. Putting the Pieces Together -- 4.1 A Benchmark Model -- 4.2 Policies and Transition -- 4.3 Derailments, and Other Extensions -- 4.4 Conclusions -- Notes -- References -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Y -- Z. |
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Sommario/riassunto |
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This book, by a distinguished economist who has worked on transition since its beginning, is one of the first to present a unified analysis of transition. Transition in Central and Eastern Europe has led to a U-shaped response of output, that is, a sharp decline in output followed by recovery. This U-shaped response, its causes and its implications, |
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