Comparison of Communist and Capitalist Economies. Is "Shock Therapy" the Best Option during Transition? PDF Download
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Author: Sanel Muranovic
Publisher: GRIN Verlag
ISBN: 3668336164
Category : Business & Economics
Languages : en
Pages : 15
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Book Description
Seminar paper from the year 2016 in the subject Economics - Other, grade: 2,00, University of Applied Sciences Vorarlberg, language: English, abstract: This paper compares and contrasts communist party and economic planning in a socialist system with the prices and the market in a capitalist economy. It discusses the successes, failures, effectiveness and flaws of each system in terms of economic and social aspects. Is shock therapy the right approach for a stable long term transition?
Author: Sanel Muranovic
Publisher: GRIN Verlag
ISBN: 3668336164
Category : Business & Economics
Languages : en
Pages : 15
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Book Description
Seminar paper from the year 2016 in the subject Economics - Other, grade: 2,00, University of Applied Sciences Vorarlberg, language: English, abstract: This paper compares and contrasts communist party and economic planning in a socialist system with the prices and the market in a capitalist economy. It discusses the successes, failures, effectiveness and flaws of each system in terms of economic and social aspects. Is shock therapy the right approach for a stable long term transition?
Author: S. Ichimura
Publisher: Springer
ISBN: 023024498X
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
20 years after the collapse of communism in Central Eastern European countries and 30 years after the start of market-oriented reforms in China, this book provides a framework for understanding the differing emphasis and sequencing of two reforms and explores in-depth these issues in the demise of communism and the triumph of the market economy.
Author: M. L. Truu
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 106
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Book Description
Author: Darcy Frisina
Publisher: Classroom Complete Press
ISBN: 0228301815
Category :
Languages : en
Pages : 26
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Book Description
**This is the chapter slice "Capitalism Since the Cold War Gr. 5-8" from the full lesson plan "Capitalism vs. Communism"** Discover the rise of Capitalism from the Great Depression through the Cold War. Our resource explores the differences between a Capitalistic, Communist and Globalization economy. Step into the Dust Bowl era and experience the hardships of the Great Depression. Explain how the New Deal helped the United States recover during this dismal time. Travel back to the Industrial Revolution and find out why people became more interested in Communism as a result of these changes. Recognize that the Cold War was a war between Capitalism and Communism, and discover how Capitalism changed throughout the world since this conflict. Experience what it's like to shop at the mall in a Communist country, and how this would affect your own lifestyle. Explore the dangers of monopolies in a Capitalistic economy. Find out about the Inca culture and how it is similar to Communism. Get a global view of the world economy by seeing how businesses benefit from world-wide partnerships. Aligned to your State Standards and written to Bloom's Taxonomy, additional writing tasks, crossword, word search, comprehension quiz and answer key are also included.
Author: Isabella M. Weber
Publisher: Routledge
ISBN: 042995395X
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Author: John Pickles
Publisher: Routledge
ISBN: 113471565X
Category : Business & Economics
Languages : en
Pages : 519
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Book Description
Examining transformations using a variety of perspectives Theorizing Transition provides both a rich empirical map of the dimensions of post-Communism and raises important theoretical issues about how we interpret these changes.
Author: Naomi Klein
Publisher: Metropolitan Books
ISBN: 1429919485
Category : Business & Economics
Languages : en
Pages : 721
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Book Description
The bestselling author of No Logo shows how the global "free market" has exploited crises and shock for three decades, from Chile to Iraq In her groundbreaking reporting, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
Author: Francis Spufford
Publisher: Graywolf Press
ISBN: 1555970419
Category : History
Languages : en
Pages : 437
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Book Description
"Spufford cunningly maps out a literary genre of his own . . . Freewheeling and fabulous." —The Times (London) Strange as it may seem, the gray, oppressive USSR was founded on a fairy tale. It was built on the twentieth-century magic called "the planned economy," which was going to gush forth an abundance of good things that the lands of capitalism could never match. And just for a little while, in the heady years of the late 1950s, the magic seemed to be working. Red Plenty is about that moment in history, and how it came, and how it went away; about the brief era when, under the rash leadership of Khrushchev, the Soviet Union looked forward to a future of rich communists and envious capitalists, when Moscow would out-glitter Manhattan and every Lada would be better engineered than a Porsche. It's about the scientists who did their genuinely brilliant best to make the dream come true, to give the tyranny its happy ending. Red Plenty is history, it's fiction, it's as ambitious as Sputnik, as uncompromising as an Aeroflot flight attendant, and as different from what you were expecting as a glass of Soviet champagne.
Author: Daniel Yergin
Publisher:
ISBN: 9780684829753
Category : Economic forecasting
Languages : en
Pages : 0
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Book Description
Author: Vladimir Banacek
Publisher: Routledge
ISBN: 1134368658
Category : Business & Economics
Languages : en
Pages : 179
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Book Description
The transformation of state-owned enterprises into privately owned ones is commonly referred to as 'privatization'. Just as important as this process, though sometimes not given the attention it deserves and requires, is the establishment and expansion of new private firms. This book analyzes new entrepreneurial firms that emerge and occasionally flourish after a period of state communism has come to an end. The authors rightly focus on the aftermath of the end of communism by looking first at the inevitable output decline, followed by an overview of new entrepreneurial firms. Specific East European examples are examined and the lessons which can be learned from these will interest academics and policy-makers alike. Committed and knowledgeable authors in this book treat the sometimes emotive issue of transition-developing economies maturely and expertly. The result is a volume which will interest scholars with an interest in transition economics and politics, as well as those who actively work in transition economies.
