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Modernizing Infrastructure in Transformation Economies: Paving the Way to European Enlargement

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Modernizing Infrastructure in Transformation Economies: Paving the Way to European Enlargement [Illustrated] [Hardcover]

Christian Von Hirschhausen (Author)

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Book Description

Publication Date: October 2002

The design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe. The author illustrates the different approaches to modernizing infrastructure and the successes that have been achieved in terms of fiscal relief, private investment and increased efficiency. Based upon a comparative institutional analysis and extensive field research and case studies, he provides empirical evidence from different sectors (power, gas, railways, roads, R&D), with particular emphasis on countries such as Poland, Hungary, the Czech Republic, the Baltics and Russia. Given the substantial institutional instability of the early years of transition, the author promotes a gradual but time-consistent approach to liberalization as a more promising path towards a market economy and increased efficiency. The author offers sound policy recommendations on how best to achieve the successful modernization of East European infrastructure in the course of EU-enlargement.

#outer_postBodyPS { display: none; } #psGradient { display: none; } #psPlaceHolder { display: none; } #psExpand { display: none; } The design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe. The author illustrates the different approaches to modernizing infrastructure and the successes that have been achieved in terms of fiscal relief, private investment and increased efficiency. Based upon a comparative institutional analysis and extensive field research and case studies, he provides empirical evidence from different sectors (power, gas, railways, roads, R&D), with particular emphasis on countries such as Poland, Hungary, the Czech Republic, the Baltics and Russia. Given the substantial institutional instability of the early years of transition, the author promotes a gradual but time-consistent approach to liberalization as a more promising path towards a market economy and increased efficiency. The author offers sound policy recommendations on how best to achieve the successful modernization of East European infrastructure in the course of EU-enlargement.

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About the Author

Christian von Hirschhausen, Visiting Professor of Economics, Berlin University of Technology (TU Berlin) and Senior Researcher, DIW Berlin (German Institute for Economic Research), Germany

Product Details

Hardcover: 288 pages
Publisher: Edward Elgar Pub; illustrated edition edition (October 2002)
Language: English
ISBN-10: 1843761130
ISBN-13: 978-1843761136
Product Dimensions: 9.1 x 6.1 x 0.7 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Amazon Best Sellers Rank: #7,868,014 in Books (See Top 100 in Books)

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