Successor States and Cooperation Theory: A Model for Eastern Europe [Hardcover]

The transformation of Eastern and Central Europe into functioning market democracies can be facilitated by incorporating the lessons of cooperation theory into standard economic theory. By doing so, the countries are more likely to achieve the fruits and benefits of a market democracy so long denied their citizens. Institutional, theoretical, and empirical results of game theory and policy analysis are woven together to present a timely understanding of this complex issue. Policy makers with key roles in the transformation processes, general economists, political scientists, and laypersons will find this analysis a useful resource.

GEORGE MACESICH is Professor of Economics and founding director of the Center for Yugoslav-American Studies, Research and Exchange at Florida State University. He is also author of over 30 books, includingMonetary Policy and Politics(Praeger, 1992)Yugoslavia in the Age of Democracy(Praeger, 1992)

rld Debt and Stability(Praeger, 1991)

Money Supply Process, with D. Dimitrijevic (Praeger, 1991),Monetary Policy and Rational Expectations(Praeger, 1987).

Preface
Is Small Beautiful?
Coincidence of Troubles and Lack of Cooperation: Lessons from the Inter-War Period
A Theory of Cooperation
The Market Model: A Nice Strategy
Economic Systems and Cooperation
Economic Ideas: Historical and Theoretical Underpinnings
Bureaucracy and Market Democracy: Barriers to a Nice Strategy
Centrally Planned Economy: A Not-so-nice Strategy Problem
The Yugoslav Model in Retrospect and Lack of a Nice Strategy
Encouraging Cooperation via Common Market Arrangements
Bibliography
Index