{"product_id":"9781858982281-money-and-finance-in-the-transition-to-a","title":"Money and Finance in the Transition to a Market Economy","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eThe process of transition from a centrally planned economy to one driven primarily by market forces has been a source of controversy and debate. Although the pace and approach has varied we are now beginning to understand some of the essential ingredients necessary for a successful transition.\u003cbr\u003eThe process of transition from a centrally planned economy to one driven primarily by market forces has been a source of controversy and debate. Although the pace and approach has varied we are now beginning to understand some of the essential ingredients necessary for a successful transition.\u003cp\u003eThese changes have produced a tremendous quantity of literature which can make it difficult to grasp the most important issues. This book focuses on the key questions and problems facing the monetary and financial sectors of transitional economies, specifically in Hungary, Poland and the Czech Republic. It examines many of the reforms, why these proved necessary, and their impact in the early stages of transition. The authors focus on four main themes: \u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003ethe removal of state intervention and its effect on liquidity and the availability of credit\u003c\/li\u003e\n\u003cli\u003ethe failure of credit markets and the implications for corporate finance\u0026lt;\u003c\/li\u003e\n\u003cli\u003ethe role of property rights and the importance of bankruptcy in a well-functioning market economy\u003c\/li\u003e\n\u003cli\u003eeffects of the separation of the central bank from commercial lending functions, and its consequences for the overall operation of monetary policy in a transitional economy.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003ci\u003eMoney and Finance in the Transition to a Market Economy\u003c\/i\u003e will be essential reading for those wishing to learn more about the financial and monetary implications of the transition to a market economy in the Central and Eastern European countries. It will be welcomed by graduates, academics, researchers and policymakers alike.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":53567357878646,"sku":"9781858982281","price":136.62,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_13056224_19696544_20241209024258.jpg?v=1733761041","url":"https:\/\/www.rarewaves.com\/products\/9781858982281-money-and-finance-in-the-transition-to-a","provider":"Rarewaves.com","version":"1.0","type":"link"}