The unprecedented economic, political, and social changes that have followed the east European revolutions of late 1989 rank among the epochal events of the twe
Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation,
This book is designed as a modest contribution to the ongoing deliberations about how to ease the fairly tight constraints on the external payments of many coun
This analysis comprises the final chapter of Currency Convertibility in Eastern Europe by John Williamson. That chapter rounded off and summed up a critique of