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Macroeconomic Stabilisation

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The Economics of Transition
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Abstract

The transformation of the former centrally planned economies began in Poland and Hungary. These two countries were the first in the transition to democracy, and also the first to benefit from the international community’s involvement in the process of transition through assistance and advice provided by the ‘PHARE’ programme.

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© 1999 Marie Lavigne

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Lavigne, M. (1999). Macroeconomic Stabilisation. In: The Economics of Transition. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-27313-3_7

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