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• catalog abstract "Annotation Economic Lessons from the Transition focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalism and the global integration of national financial systems. The book suggests answers to the following questions: How should basic economic theory as taught in introductory economics courses be revised in light of the failure of market-oriented economics to effect a successful transition in so many former communist economies? Could the theory be revised and presented in a different manner? How can basic economic theory be used to help explain the past failures in understanding transition problems and to avoid future mistakes? This volume is a "must read" for all who teach economics or apply economics to the real world. The lessons in each chapter build to an understanding of markets and market systems very different from that in standard introductory texts. Annotation Selected Contents: 1. The Basic Market Mechanism2. Firms and the Markets They Operate In3. The Factors of Production4. The Role of Government5. Measuring Economic Activity: The Key to Understanding6. Macroeconomics7. Monetary Policy and Its Prerequisites8. Foreign Exchange Rates and Exchange Rate Crises9. Transition in the Context of the International Financial System10. The Consequences for Open-Economy Macroeconomics11. Benevolent and Malevolent Markets12. Japan: The First Demographic Transition13. Conclusion.".
• catalog contributor b13112153.
• catalog contributor b13112154.
• catalog coverage "Europe, Eastern Economic conditions 1989-".
• catalog coverage "Former Soviet republics Economic conditions.".
• catalog created "c2004.".
• catalog date "2004".
• catalog date "c2004.".
• catalog dateCopyrighted "c2004.".
• catalog description "1 The Basic Market Mechanism 3 -- 2 Firms and the Markets They Operate In 39 -- 3 The Factors of Production 63 -- 4 The Role of Government 90 -- 5 Measuring Economic Activity: The Key to Understanding 112 -- 6 Macroeconomics 124 -- 7 Monetary Policy and Its Prerequisites 153 -- 8 Foreign Exchange Rates and Exchange Rate Crises 168 -- 9 Transition in the Context of the International Financial System 193 -- 10 The Consequences for Open-Economy Macroeconomics 203 -- 11 Benevolent and Malevolent Markets 218 -- 12 Japan: The First Demographic Transition 227.".
• catalog description "Annotation Economic Lessons from the Transition focuses on major transitions in the 1990s: the transition from central planning and communism to market capitalism and the global integration of national financial systems. The book suggests answers to the following questions: How should basic economic theory as taught in introductory economics courses be revised in light of the failure of market-oriented economics to effect a successful transition in so many former communist economies? Could the theory be revised and presented in a different manner? How can basic economic theory be used to help explain the past failures in understanding transition problems and to avoid future mistakes? This volume is a "must read" for all who teach economics or apply economics to the real world. The lessons in each chapter build to an understanding of markets and market systems very different from that in standard introductory texts.".
• catalog description "Annotation Selected Contents: 1. The Basic Market Mechanism2. Firms and the Markets They Operate In3. The Factors of Production4. The Role of Government5. Measuring Economic Activity: The Key to Understanding6. Macroeconomics7. Monetary Policy and Its Prerequisites8. Foreign Exchange Rates and Exchange Rate Crises9. Transition in the Context of the International Financial System10. The Consequences for Open-Economy Macroeconomics11. Benevolent and Malevolent Markets12. Japan: The First Demographic Transition13. Conclusion.".
• catalog description "Includes bibliographical references (p. 239-242) and index.".
• catalog extent "xiii, 248 p. :".
• catalog hasFormat "Economic lessons from the transition.".
• catalog identifier "0765612984 (alk. paper)".
• catalog isFormatOf "Economic lessons from the transition.".
• catalog issued "2004".
• catalog issued "c2004.".
• catalog language "eng".
• catalog publisher "Armonk, N.Y. : M.E. Sharpe,".
• catalog relation "Economic lessons from the transition.".
• catalog spatial "Europe, Eastern Economic conditions 1989-".
• catalog spatial "Former Soviet republics Economic conditions.".
• catalog subject "330 22".
• catalog subject "Economics Study and teaching.".
• catalog subject "HB74.5 .K39 2004".
• catalog subject "Post-communism Economic aspects.".
• catalog tableOfContents "1 The Basic Market Mechanism 3 -- 2 Firms and the Markets They Operate In 39 -- 3 The Factors of Production 63 -- 4 The Role of Government 90 -- 5 Measuring Economic Activity: The Key to Understanding 112 -- 6 Macroeconomics 124 -- 7 Monetary Policy and Its Prerequisites 153 -- 8 Foreign Exchange Rates and Exchange Rate Crises 168 -- 9 Transition in the Context of the International Financial System 193 -- 10 The Consequences for Open-Economy Macroeconomics 203 -- 11 Benevolent and Malevolent Markets 218 -- 12 Japan: The First Demographic Transition 227.".
• catalog title "Economic lessons from the transition : the basic theory re-examined / Daniel R. Kazmer and Michele Konrad.".
• catalog type "text".