Title: Economic transformation in emerging countries
Description: This book deals with one of the great dramas of our day, the transformation of countries from economic backwardness, or a socialist somnolence, into greater efficiency and participation in the invigorating currents of international trade and investment. This book is about building market institutions and about the struggle to shed the institutional baggage of the past. It is about new 'openings'.

It is about liberalization of economic policies, about relaxing controls, and welcoming the influx of foreign capital and goods. Above all, the underlying theme of this book is the search for appropriate government policies, on issues vital to emerging nations (defined here as developing nations and former communist bloc countries), such as exchange rate management, acquisition of technology, privatization, capital flows, trade and direct investment.
Subjects: Finance, Capital market, Foreign exchange, Commercial policy, Foreign Investments, Financial institutions, Privatization, Case studies, Congresses, Decommunization, Technology transfer, Finance, developing countries, Investments, foreign, developing countries, Foreign exchange, developing countries, Developing countries, commercial policy, Economic aspects
Places: Developing countries