What is Transition Economy

A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization. In addition to this trade barriers are removed, there is a push to privatize state-owned enterprises and resources, state and collectively run enterprises are restructured as businesses, and a financial sector is created to facilitate macroeconomic stabilization and the movement of private capital. The process has been applied in China, the former Soviet Union and Eastern bloc countries of Europe and some Third world countries, and detailed work has been undertaken on its economic and social effects.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Transition economy

Chapter 2: Economy of Moldova

Chapter 3: Economy of Togo

Chapter 4: Economy of Ukraine

Chapter 5: Economy of Uzbekistan

Chapter 6: European Bank for Reconstruction and Development

Chapter 7: Economy of Tunisia

Chapter 8: Shock therapy (economics)

Chapter 9: Economy of Canada

Chapter 10: Economy of Europe

Chapter 11: Economy of the Socialist Federal Republic of Yugoslavia

Chapter 12: Balcerowicz Plan

Chapter 13: World economy

Chapter 14: Economic history of Turkey

Chapter 15: Economic history of China (1949-present)

Chapter 16: Central Bank of Uzbekistan

Chapter 17: Economic history of the Russian Federation

Chapter 18: Chinese economic reform

Chapter 19: Erik Berglöf

Chapter 20: Dollarization of Cuba

Chapter 21: World Bank and Poland

(II) Answering the public top questions about transition economy.

(III) Real world examples for the usage of transition economy in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of transition economy.

Economics