Die Wechselkurspolitik steht zu Beginn des Transformationsprozesses im Spannungsfeld von außenwirtschaftlicher Liberalisierung und makroökonomischer Stabilisierung. Die Rolle der Währungskonvertibilität und die Wahl des Wechselkursregimes sind für einen erfolgreichen Übergang von der Plan-...

Since beginning economic transition, the Czech Republic, Estonia, Hungary, Poland, and Slovenia have—with much success—employed diverse exchange rate regimes. As these countries approach EU accession, they will need to avoid the perils of too much or too little exchange rate variability when...

Chapter 1: Introduction -- Chapter 2: State Corporate Control in Transition: Research Perspectives -- Chapter 3: State Corporate Control in Transition: Challenges and Goals -- Chapter 4: Evolution of the State Corporate Control in Poland during the Transition -- Chapter 5: State Corporate...

The paper investigates sharp reductions seen in current account deficits in selected transition countries in the 1992-2003 period. The analysis focuses on three important aspects of these current account reversals: a) to examine those factors that might have triggered the reversals and to...

Since the global financial crisis of 2008-2009, there has been a growing interest among policy makers towards the more active role of the state in the enterprise sector. This book provides valuable insight into the changing role of state-owned enterprises in economic policy, a topic at the cross...