The paper tries to provide an overview of the fiscal pressures on Eastern European governments during the transition from centrally planned to market economies, and what responses might be called for. In each case it is started by describing the conventional wisdom concerning how best to deal...

In this book, Alan Blinder, one of the world’s most influential economists and one of the field’s best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John...