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Microfoundations of Economic Success: Lessons from Estonia - Tapa dura

 
9781847209290: Microfoundations of Economic Success: Lessons from Estonia
Tapa dura
ISBN 10: 1847209297 ISBN 13: 9781847209290
Editorial: Edward Elgar Publishing Ltd, 2009

Sinopsis

This book explores the nature of the flexibility of Estonia's rapid growth, that enables it to swiftly seize opportunities and weather crises without undue cost.

The distinguished cast of contributors draws upon detailed data on individual firms and households to explore the basis for Estonia's record as the most successful of all the EU accession countries over the last decade. They conclude that much of this accomplishment can be attributed to the greater flexibility of the Estonian economy, both in price setting in employment and wages, and in consumption. The book also reveals that Estonia is able to adjust to shocks more rapidly and with less real impact than other countries. Coupled with a favourable macroeconomic policy and a good institutional structure and legal framework, this indicates that Estonia will be an excellent example to other countries despite the recent downturn.

This unique book will be of great interest to researchers and students of the economics of transition, and will prove invaluable to policy-makers and their advisors in both transition countries and the rest of the EU, as well as graduate students studying microeconomics and monetary policy.

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Edited by the late David G. Mayes, formerly Professor of Banking and Financial Institutions, Director, Europe Institute and Director, NZ Governance Centre, University of Auckland, New Zealand

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Edward Elgar Publishing Ltd
Año de publicación
2009
Idioma
Inglés
ISBN 10 
1847209297
ISBN 13 
9781847209290
Encuadernación
Tapa dura
Número de páginas
328
Editor
Mayes David G.
Contacto del fabricante
no disponible
Persona responsable
EAS - Easy Access System Europe
gpsr.requests@easproject.com

Mustamäe tee 50
Tallinn
10621
Estonia