Latvia's transition to a market economy

Political determinants of economic reform policy

Marja Nissinen

Research output: Book/ReportBook (author)Scientificpeer-review

Abstract

The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic question is still: how are the government's adjustment choices modified in the political process?
Original languageEnglish
Place of PublicationBasingstoke
ISBN (Electronic)978-0-230-37255-9
DOIs
Publication statusPublished - 1998
MoE publication typeC1 Separate scientific books

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Latvia
political factors
reform policy
economic reform
market economy
pluralism
Economic Policy
macroeconomics
consolidation
sustainability
determinants
democracy
reform
politics
market

Cite this

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abstract = "The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic question is still: how are the government's adjustment choices modified in the political process?",
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note = "LIS: D1 CA: TTR PGN: 320 p.",
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Latvia's transition to a market economy : Political determinants of economic reform policy. / Nissinen, Marja.

Basingstoke, 1998.

Research output: Book/ReportBook (author)Scientificpeer-review

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AB - The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy. At the same time, they turned the attention to the centrality of political factors in economic policy-making. Latvia has succeeded in proceeding into the consolidation phase of its market reforms while remaining committed to both political pluralism and macroeconomic austerity. Even if politics were not treated as a mere constraint, the basic question is still: how are the government's adjustment choices modified in the political process?

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