The political revolutions since mid-1989 in the eastern part of Europe have ushered two ambitions into the purview of the new political leaders of most transition economies: pluralistic political democracy and a market economy based overwhelmingly on private property and self-interest, with a minimal role for the state. Whereas it may be appropriate to confine the state's role in economic affairs to the provision of public goods and ensuring property rights, once a fully-fledged market economy in these countries is functioning, the path leading up to fulfilling this ambition for now, will have to be steered by the state, provided governance capabilities can be mustered within these countries, and perhaps with international assistance. Industrial Policy in Eastern Europe: Governing the Transition argues the urgency of mobilizing whatever governance capabilities are available to steer the transformation processes towards positive growth, including through proper use of state-owned assets for as long as they cannot be privatized or fully transformed into parastatals, like in Western Europe.
Product Identifiers
Publisher
Springer
ISBN-13
9780792325383
eBay Product ID (ePID)
96033395
Product Key Features
Author
J.M. Van Brabant
Publication Name
Industrial Policy in Eastern Europe: Governing the Transition
Format
Hardcover
Language
English
Subject
Economics
Publication Year
1993
Type
Textbook
Number of Pages
360 Pages
Dimensions
Item Height
235mm
Item Width
155mm
Volume
31
Item Weight
1560g
Additional Product Features
Title_Author
J.M. Van Brabant
Series Title
International Studies in Economics and Econometrics
Country/Region of Manufacture
Netherlands
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