The Emergence of Market Economies in Eastern Europe

Contributors Preface 1. Introduction: The Journey to a Market Economy: Christopher Clague Part I: The Problem of the Transition 2. The Next Decade in Central and Eastern Europe: Lawrence Summers 3. Evolution in Economics and in the Economic Reform of the Centrally Planned Economies: Peter Murrell 4. The Hidden Path to a Successful Economy: Mancur Olson 5. Organizations as Property: Economic Analysis of Property Law Applied to Privatization: Robert Cooter 6. The Transition to a Market Economy: Alan Walters Part II: Macroeconomic Policy and Financial Discipline 7. Taxation, Money, and Credit in a Liberalizing Socialist Economy: Robert McKinnon 8. Stabilization and Liberalization Policies for Economics in Transition: Latin American Lessons for Eastern Europe: Sebastian Edwards 9. The Design of Financial Systems for the Newly Emerging Democracies of Eastern Europe: Joseph E. Stiglitz Part III: Government Policy Toward the Private Sector: Antitrust Policy and the Safety Net 10. Anti-Monopoly Policies and Institutions: Robert Willig 11. The Safety Net During Transformation: Hungary: David Newbery 12. Institutions for the New Private Sector: Anne Krueger Part IV: The Privatization Process 13. Privatization in East European Transformation: Stanley Fischer 14. The Political Economy of Transition in Eastern Europe: Packaging Enterprises for Privatization: Gordon Rausser and Leo Simon 15. Privatization in East-Central Europe: Avoiding Major Mistakes: Jan Winiecki 16. The Political Economy of Privatization: Poland, Hungary, and Czechoslovakia: Scott Thomas 17. Strategies for the Transition: Arnold Harberger 18. Institutions and the Transition to a Market Economy: Andras Nagy Part V: Conclusions 19. Lessons for Emerging Market Economies in Eastern Europe: Gordon Rausser References.