{"product_id":"9780333751435","title":"Economic Transition in Hungary and East Germany: Gradualism, Shock Therapy and Catch-Up Development","description":"What factors determine the success of economic transition, development and growth? Examining the contrast between East German shock-therapy and Hungary's gradualism, the book generates a set of generalisable conditions for economic development which imply some degree of state intervention and strategy. A stability-oriented incomes policy and a carefully managed integration strategy can enable sustainable export surpluses, a competitive currency and macroeconomic stability, whilst providing sufficient room for economic restructuring, structural transformation and technological catch-up. The dangers of premature integration are examined.","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":47024744694000,"sku":"9780333751435","price":115.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780333751435_p0.jpg?v=1763685121","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780333751435","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}