Economic Dynamics in Transitional Economies: The Four-P Governments, the EU Enlargement, and the Bruxelles Consensus

Abstract

* Foreword * Preface * Acknowledgments * Abbreviations and Acronyms * Introduction * The Regional Context * The Purpose of This Book * Liberalization and Economic Hopes * Synopsis * Chapter 1. The Political Economy in Europe: The Three-P Governments * Introduction * A Formalized Methodology of Analysis * The Microfoundations of Monetary Games * Credibility and Inconsistency * Inconsistency and Institutional Devices Toward Credibility * The Eastern and Western Evidence * Chapter 2. Accepting a Challenge: Joining the Western European Club * Introduction * Interactions and Conflicts in Economic Choices * Structural Economic Convergence: An Alternative Approach * Trade and Financial Integration * Estimation Results * Toward a Political Economy of Integration * Chapter 3. Developments in Transitional Economies: and Structural Breaks * Introduction * The Decisive Disputes * Economic Slumps and The Syndromes * The Underground Economy: A Syndrome? * The Other Syndromes * The Transformation up to the End of the 1990s * From the 1990s to an Economy Without Syndromes * Chapter 4. The Political Economy of Keynes, Schumpeter, and the Supply-Siders * Introduction * Provoking a Supply Response * Recovery Persistence * Common Fears * Political Economy Conclusions * Chapter 5. The Bruxelles Consensus and the Fourth-P Government * Introduction * The Definitive Issues * A New Consensus versus a Second Lab Experience * Is the Transformation Over? * The Fourth-P Government * A Paradigm for the Next Decade * Appendix. Relevant Internet Addresses: Widening of the EU's Boundaries * Notes * References * Index

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