{"product_id":"9780333751435","title":"Studies in Economic Transition: Gradualism, Shock Therapy and Catch-Up Development","description":"\u003ch1\u003eStudies in Economic Transition: Gradualism, Shock Therapy and Catch-Up Development\u003c\/h1\u003e \u003ch2\u003eStephan, J.\u003c\/h2\u003e \u003cp\u003eWhat factors determine the success of economic transition, development and growth? Examining the contrast between East German shock-therapy and Hungary's gradualism, the book generates a set of generalisable conditions for economic development which imply some degree of state intervention and strategy. A stability-oriented incomes policy and a carefully managed integration strategy can enable sustainable export surpluses, a competitive currency and macroeconomic stability, whilst providing sufficient room for economic restructuring, structural transformation and technological catch-up. The dangers of premature integration are examined.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 1999-02-08\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780333751435\u003c\/p\u003e \u003cp\u003eDOI: 10.1057\/9780230596580\u003c\/p\u003e \u003cp\u003eDimensions: 216cm x140cm\u003c\/p\u003e \u003cp\u003ePages: 293\u003c\/p\u003e ","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":47414538829964,"sku":"9780333751435","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780333751435.jpg?v=1775849579","url":"https:\/\/lateknightbooks.com\/products\/9780333751435","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}