Latvia's Transition to a Market Economy Political Determinants of Economic Reform Policy |
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Author:
| Nissinen, Marja |
Series title: | Studies in Russia and East Europe Ser. |
ISBN: | 978-0-333-73942-6 |
Publication Date: | Nov 1998 |
Publisher: | Palgrave Macmillan Limited
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Imprint: | Palgrave Macmillan |
Book Format: | Hardback |
List Price: | USD $169.99 |
Book Description:
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The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic...
More DescriptionThe postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic question is still: how are the government's adjustment choices modified in the political process?