Macroeconomic Instability in Post-Communist Countries

Name: Macroeconomic Instability in Post-Communist Countries
Author: Budapest) Central European University Head of the Economics Department Professor of Economics Head of the Economics Department Jacek (Professor of Economics Rostowski

Budapest) Central European University Head of the Economics Department Professor of Economics Head of the Economics Department Jacek (Professor of Economics Rostowski

Oxford University Press

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This book, by a participant in the events, examines the very high inflation and large falls in output in the post-Communist countries. It focuses on the fundamental shift from supply to demand constrained economies, and on the crucial role of this change in creating the basis for private sector growth. Many of the chapters have grown out of policy debates in which the author participated.

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