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Author: Anders Åslund
Publisher: Dartmouth Publishing Company
ISBN:
Category : Political Science
Languages : en
Pages : 170
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Book Description
The systematic transformation from planning and bureaucratic co-ordination to a liberal private capitalist economic order has been a historic challenge for Central and South-East European countries. It was inevitable that following the post-revolutionary euphoria there would be a period of gathering stock as the true dimensions of the crisis came to be appreciated. What is clear is that the road form crisis to capitalism will be long and bumpy and this book focuses on some of the key policy-relevant theoretical issues of strategic transformation. In doing this the contributors compare the situation in East Europe with non-European experience - particularly that of Latin America - and attempt to establish a basis for redesigning and consolidating the crisis-ridden Central and Eastern European States.
Author: Anders Åslund
Publisher: Dartmouth Publishing Company
ISBN:
Category : Political Science
Languages : en
Pages : 170
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Book Description
The systematic transformation from planning and bureaucratic co-ordination to a liberal private capitalist economic order has been a historic challenge for Central and South-East European countries. It was inevitable that following the post-revolutionary euphoria there would be a period of gathering stock as the true dimensions of the crisis came to be appreciated. What is clear is that the road form crisis to capitalism will be long and bumpy and this book focuses on some of the key policy-relevant theoretical issues of strategic transformation. In doing this the contributors compare the situation in East Europe with non-European experience - particularly that of Latin America - and attempt to establish a basis for redesigning and consolidating the crisis-ridden Central and Eastern European States.
Author: Hans-Jürgen Wagener
Publisher: Springer Science & Business Media
ISBN: 3642997686
Category : Business & Economics
Languages : en
Pages : 237
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Book Description
Between 1989 and 1992 three colloquia on transformation problems were held at the Ludwig-Reimers-Stiftung, Bad Homburg. At the end of the 1980s the collapse of the Soviet-type socialist economic system had become clear and, hence, the necessity to transform these systems into an entirely different eco nomic order. Similar processes have happened and still happen in other his torical constellations, for instance in developing countries. It has been the aim of the Transformation Colloquium to gain more theoretical insight into these phenomena. The object of research has been transformation defined as transition from a given economic order (socialist planned economy e.g.) to a consistent new or der (market economy). This is a highly complex phenomenon which occurred, above all, during the 20th century: introduction and abolition of socialist sys tems, transition from war economies to peace-time market economies. Histori cal experience allows perhaps for certain generalizing abstractions. The central problem discussed at all (up to now) three colloquia is the question whether the object is amenable for theoretical analysis and which approaches eventually are promising.
Author: László Csaba
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
This volume offers an applied economics interpretation of the modernization process which followed the collapse of the Soviet empire and of the state socialist experiment. From 1984-1994 a loss of employment and production was recorded in Eastern Europe which exceeded that of the great depression of 1929-1933.
Author: Michael Bruno
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
The paper analyzes common issues emerging from the recent experience with Fund-supported programs in Hungary, Poland, Czechoslovakia, Bulgaria and Romania. These comprise the initial price-overshooting and the output collapse, fiscal sustainability as well as the financial and structural problems associated with bad loan portfolios and sluggish implementation of privatization programs. Substantial success, in varying degrees, has been achieved in the initial macro-stabilization and opening-up effort. At the same time mounting difficulties with fiscal and monetary control may be emerging, as a result of social and political pressures and insufficiently clear policy signals on the micro-issues involving the sharp structural transformation of the productive and financial systems.
Author: David Turnock
Publisher: Routledge
ISBN: 1134884281
Category : History
Languages : en
Pages : 430
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Book Description
Since 1989 the former communist countries of Eastern Europe have witnessed a profound and dramatic upheaval. The economic coherence of this region, formerly maintained through the adoption of the Soviet system of government, has fractured. In The East European Economy in Context: Communism and Transition, David Turnock examines the transition from communist to free-market economies, both within and between the states of Eastern Europe. As well as containing an informative survey of the impact of communism, The East European Economy in Context provides * Political profiles of individual countries * A clear study of the contrasts between northern and balkan groups * Summaries of regional variations in the transition process * An exploration of the new state structures and resources * Discussion of political stability, inter-ethnic tensions and progress in economic change
Author: Laszlo Somogyi
Publisher: Edward Elgar Publishing
ISBN: 9781782543947
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
'This well-produced book is a worthy contribution to the burgeoning literature on the transition. The editor provides a useful introduction.' - Ian Jeffries, The Economic Journal '. . . provides a useful and readable introduction to many of the most important issues in the "transition process".' - Hugo Radice, Economics of Transition Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.
Author: J.M. Van Brabant
Publisher: Springer Science & Business Media
ISBN: 9401107920
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it specifically addresses issues revolving around how best to govern economies, and indeed societies more generally, that are undergoing fundamental structural transfor mation, and whether industrial policy can facilitate progressing with the vexing transformations that will have to be enacted over a protracted period of time. Because of the bewildering variety of hindrances that the managers of the transition have been confronted with, many of which were not even contem plated when the programs were first designed, regaining a measure of good governance, including notably good economic governance, is critical in formu lating a positive pOlitical economy of transition. Arguably most critical is steering the processes of destruction and creation-not 'creative destruction' in the Schumpeterian sense. In some cases, this requires reallocating decom missioned resources, both capital and labor, to new activities. Changing rules on the utilization of existing assets is evidently at the core of what the transi tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings.
Author: Franklyn D. Holzman
Publisher: Duke University Press
ISBN: 9780822308522
Category : Business & Economics
Languages : en
Pages : 470
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Book Description
Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.
Author:
Publisher:
ISBN:
Category : Europe, Eastern
Languages : en
Pages : 6
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Book Description
Author: Christopher Bryant
Publisher: Routledge
ISBN: 1134872526
Category : Business & Economics
Languages : en
Pages : 241
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Book Description
This timely book provides an essential guide to the social, political and economic upheavals in post-communist Europe
