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This book deals with one of the great dramas of our day, the transformation of countries from economic backwardness, or a socialist somnolence, into greater efficiency and participation in the invigorating currents of international trade and investment. This book is about building market institutions and about the struggle to shed the institutional baggage of the past. It is about new 'openings'.
It is about liberalization of economic policies, about relaxing controls, and welcoming the influx of foreign capital and goods. Above all, the underlying theme of this book is the search for appropriate government policies, on issues vital to emerging nations (defined here as developing nations and former communist bloc countries), such as exchange rate management, acquisition of technology, privatization, capital flows, trade and direct investment.
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Subjects
Finance, Capital market, Foreign exchange, Commercial policy, Foreign Investments, Financial institutions, Privatization, Case studies, Congresses, Decommunization, Technology transfer, Finance, developing countries, Investments, foreign, developing countries, Foreign exchange, developing countries, Developing countries, commercial policy, Economic aspectsPlaces
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Economic transformation in emerging countries: the role of investment, trade, and finance
1998, Pergamon
in English
0080434290 9780080434292
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Edition Notes
Includes bibliographical references and indexes.
"Mainly selections fron papers initially presented at the International Trade and Finance Association conference in San Diego in 1996"--Pref.
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