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Market Oriented Systemic Transformations In Eastern Europe
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Book Synopsis Market-oriented Systemic Transformations in Eastern Europe by : Paul J.J. Welfens
Download or read book Market-oriented Systemic Transformations in Eastern Europe written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.
Book Synopsis EU Eastern Enlargement and the Russian Transformation Crisis by : Paul J.J. Welfens
Download or read book EU Eastern Enlargement and the Russian Transformation Crisis written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe's economic and political landscape is changing dramatically. The demise of the socialist CMEA and the USSR has allowed eastern European economies to open up and caused Russia/the CIS to engage in a series of difficult reforms which have been supported by the G-7 and the International Monetary Fund plus the World Bank on the one hand, and, on the other hand, by the EU and the EBRD. While some of the (early) Visegrad countries apparently were rather successful in their transition attempt, systemic transition approaches in other countries - Romania and Bulgaria - and, above all, in Russia largely were a failure. Economic hardship, social unrest, political radicalization and the international spreading of criminal activities can be identified as problems from the failure of Russia's first transition attempt. This book deals - from an international perspective - with the postsocialist countries in Europe, i. e. there is a focus on eastern enlargement and on Russia on the one hand, on the other hand the topic is which international influences and effects will emerge from EU enlargement and the Russian transition. While chapter A exclusively deals with major problems of eastern enlargement and the policy options for dealing with this difficult problem, chapter B is devoted to the Russian transformation crisis. There the analysis has a focus on Russia in its own right but also on the potential negative spillovers of a Russian transformation disaster which could occur in the late 1990s.
Book Synopsis Remaking Eastern Europe — On the Political Economy of Transition by : J.M. Van Brabant
Download or read book Remaking Eastern Europe — On the Political Economy of Transition written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compact volume is meant as a modest contribution to the ongoing debate on how to transform in particular the radically reforming Eastern European economies into more productive sociopolitical organizations. Although my main focus here is on the economics of reform and east-west assistance, I have tried to embed the multiple technical aspects of restructuring such a resource alloca tion into the context of remaking Eastern Europe. That the volume coincides with the seminal transformations of the communist countries of Eastern Europe is, of course, not fortuitous. But I shall have much less to say about the politi cal transitions from communism to parliamentary democracy, except the ways in which the latter may bolster or hinder the hoped-for economic mutations. In taking stock of where I stand on the issue of "radical reform" of planned economics in general and the CMEA in particular, both still moving targets, I have benefited greatly from participation in formal and informal conferences on economic reform. The product has also profited from many informal discus sions and exchanges of views among friends and colleagues, including those entrusted with and purely interested in efforts on the overall topic of the study launched from within the broad context of the United Nations, my at times reluctant employer.
Book Synopsis European Economic Integration as a Challenge to Industry and Government by : Richard Tilly
Download or read book European Economic Integration as a Challenge to Industry and Government written by Richard Tilly and published by Springer Science & Business Media. This book was released on 2013-12-14 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU Single Market and the opening up of Eastern Europe offer a chance to create a truly pan-European market economy. In this respect, many lessons can be learned from early 20th-century developments in Europe. Bearing this in mind, the authors analyze the fragility of international trade, financial investment and foreign relations in and across Europe, from both a contemporary and historical perspective. In a period of increased migration and higher capital mobility, the major OECD countries are faced with such issues as monetary integration, the role of banks and the requirement for structural adjustment. Even more complex is the integration of Russia. Policymakers and the business community alike are presented simultaneously with unique opportunities and unique challenges - with old and new pitfalls looming.
Book Synopsis Multinationals in the New Europe and Global Trade by : Michael W. Klein
Download or read book Multinationals in the New Europe and Global Trade written by Michael W. Klein and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a decade of Eurosclerosis the EC is moving with renewed economic growth and increasing multinational investment toward a single European market under the heading "Project 1992". The creation of a single EC market creates dynamic adjustment needs and opens up new opportunities for international business in a period of intensified global competition and dramatic politico-economic changes. Since the mid-1980s Eastern Europe is undergoing a radical shift towards market-based economic systems -a difficult and fragile development so far which is further complicated by economic and political unification of Germany in central Europe. After the era of British and, later, U. S. leadership in multinational investment German and Japanese multinational companies are becoming more influential players worldwide. Firms from Germany playa special role because German unification of 1990 implies a bigger home market, but also the diversion of total investment activities towards the greater German home market. While the political divide of Europe has ceased to exist, the economic division is becoming more apparent, and it could indeed transitorily increase because the EC 1992 project primarily generates growth impulses in Western Europe, while systemic transformations in Eastern Europe reduce output growth in the short term.
Book Synopsis The Road to Capitalism by : David Kennett
Download or read book The Road to Capitalism written by David Kennett and published by . This book was released on 1992 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed as a reader for courses in comparative economics, East European economics and politics, and international relations and business; includes 37 recent and "classic" articles in 10 parts. Includes bibliographical references. Part I. The failure of central planning -- Part II. The lure of the market -- Part III. The legal system -- Part IV. The financial system -- Part V. Market failure -- Part VI. The macroeconomy -- Part VII. Privatization -- Part VIII. International economic issues -- Part IX. The politics of economic reform -- Part X. The strategy of reform.
Book Synopsis Integrating Eastern Europe into the Global Economy: by : J.M. Van Brabant
Download or read book Integrating Eastern Europe into the Global Economy: written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed as a modest contribution to the ongoing deliberations about how to ease the fairly tight constraints on the external payments of many countries of the eastern part of Europe. In the fIrst instance, this inquiry is addressed to those that have embarked on wide-ranging systemwide reforms. External constraints have been markedly hampering the introduction of market oriented economic mutations, thereby raising the cost of transition far above levels expected at the outset of the present wave of uniquely restructuring the countries involved. I explore here several angles of this discussion. But three stand out. One is the disintegration of the postwar framework for economic cooperation in that part of the world. Another is the disarray brought about by incisive economic transformations in the area. Finally, various national, regional, and international interest groups are at work there, hoping to mold somehow the drift of the reform, or at least key components thereof, in their own "image. " In the process it is often forgotten, as Ralf Dahrendorf (1990, p. 41) so pointedly remarked that "[ a]ll systems mean serfdom, including the . natural' system of a total . market order' in which no one tries to do anything other than guard certain rules of the game discovered by a mysterious sect of economic advisers.
Book Synopsis Modernizing Infrastructure in Transformation Economies by : Christian von Hirschhausen
Download or read book Modernizing Infrastructure in Transformation Economies written by Christian von Hirschhausen and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe.
Book Synopsis Industrial Policy in Eastern Europe by : J.M. Van Brabant
Download or read book Industrial Policy in Eastern Europe written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Reform and Transformation in Eastern Europe by : János Mátyás Kovács
Download or read book Reform and Transformation in Eastern Europe written by János Mátyás Kovács and published by Routledge. This book was released on 1992-06-04 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can the economics of Eastern Europe make the dramatic transition from centrally-planned to market-led economics? This book tries to understand the intellectual background behind this change and the problems of managing it.
Book Synopsis The Economic Transformation of Eastern Europe by : Bernard S. Katz
Download or read book The Economic Transformation of Eastern Europe written by Bernard S. Katz and published by Praeger. This book was released on 1992-10-26 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides an up-to-date account of how the process of economic transition in Eastern Europe is unfolding from the point of view of Eastern European economists assessing their native economies. The authors have personally experienced the frustrations of the previous Stalinist system of central planning and public ownership, as well as the difficulties and pitfalls of designing new systems based on markets and private ownership. The book focuses on the three countries of Eastern Europe leading the reform efforts--Czechoslovakia, Hungary, and Poland--and points out similarities and differences in their reform strategies. Although the stories of economic change in Eastern Europe have dominated news headlines, the real challenges of designing and maintaining viable economies are just beginning. The analysis in this volume will be of interest to those in the academic and policy-making communities.
Book Synopsis Transformation at Work by : Anna Pollert
Download or read book Transformation at Work written by Anna Pollert and published by SAGE. This book was released on 2000-01-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: `The book is well written and clearly structured, bringing together much dispersed material. The most interesting part of the book is the case study of the Czech engineering firm CKD. The case study gives an insight into the continuing processes of transition: transition is a process, rather than a jump from Socialism to capitalism. The author provides solid evidence on the ways in which adjusting to the market has proved painful, and in the end unsuccessful for CKD, which has been merged with another firm. Overall, Transformation at Work provides a valuable insight into the realities of the transition process at the enterprise level′ - Employee Relations In this book, Anna Pollert questions the values hidden in the burgeoning literature on `transformation′, and addresses the main concerns arising from these. In exploring the key issues of post-communist transformation, the author discusses important theoretical issues about the nature of change and continuity, such as historical, socio-economic and political effects of transformation, the broad problems of how workers and their organizations respond to change from command to capitalist economies, and case studies of how managers, workers and trade unionists experience these changes within their organizations. Transformation at Work explores the key issues of post-communist transformation in Eastern Europe. The author discusses important aspects of the nature of change and continuity including: historical, socio-economic and political effects; how workers and their organizations respond to change from command to capitalist economies; and how managers, workers and trade unionists experience change within their organizations.
Book Synopsis Global Trends in Eastern Europe by : Nikolai Genov
Download or read book Global Trends in Eastern Europe written by Nikolai Genov and published by Routledge. This book was released on 2016-04-22 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eastern Europe was once clearly defined by the centralized political and economic organization of the societies in the region. They shared the same official ideology and were members of the same alliances. After 1989, the region collapsed in an economic, political and cultural implosion. What were the moving forces of this profound change? What are its consequences? Could we try to reasonably foresee any future developments? In this thought-provoking book, Nikolai Genov presents a systematic description and explanation of Eastern European societal transformations after 1989. They are interpreted as adaptations to four global trends; upgrading the rationality of organizations; individualization; spreading of instrumental activism; and universalization of value-normative systems. Adaptations to these trends have generally been successful. However, Genov notes that the process is marked by many failures as well. They are mostly caused by path dependency in the societal development and by the varying quality of relevant decisions, other destructive developments are due to contradictions in the global trends themselves. Guided by the assumption that the societal and supranational integration mechanisms in Eastern Europe before 1989 could not resist the overwhelming power of global trends, Genov's controversial findings question visions about the end of history and simultaneously strengthen the confidence that most complex macro-social processes can be rationally managed. A timely book allowing for a much needed engagement in contemporary debates on the controversial processes in Eastern European transitions.
Book Synopsis Eastern Europe, 1986-1993 by : Robert H. Burger
Download or read book Eastern Europe, 1986-1993 written by Robert H. Burger and published by Libraries Unlimited. This book was released on 1995-12-15 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describing approximately 1,000 books published between 1986 and late 1993, this work provides readers with a selective guide to English-language publications on the subject of Eastern Europe. It covers general studies of the area as well as works on the individual countries of Albania, Bulgaria, the former Czechoslovakia, the former German Democratic Republic (East Germany), Hungary, Poland, Romania, and the former Yugoslavia. In addition to bibliographic and descriptive information, the authors also include citations to book reviews. A companion to their Russia and the Former Soviet Union (Libraries Unlimited, 1994), this volume also focuses on the social sciences and the humanities. As interest about this part of the world continues to build and English-language publications about it proliferate, Burger and Sullivan's guide is a pertinent addition to academic and public library collections.
Book Synopsis Systemic Change and Stabilization in Eastern Europe by : Anders Åslund
Download or read book Systemic Change and Stabilization in Eastern Europe written by Anders Åslund and published by Dartmouth Publishing Company. This book was released on 1991 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Trends in Eastern Europe by : Nikolai Genov
Download or read book Global Trends in Eastern Europe written by Nikolai Genov and published by Ashgate Publishing, Ltd.. This book was released on 2010 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this thought-provoking book, Nikolai Genov presents a systematic description and explanation of Eastern European societal transformations after 1989 as a consequence of global trends.
Book Synopsis The Capitalist Revolution in Eastern Europe by : László Csaba
Download or read book The Capitalist Revolution in Eastern Europe written by László Csaba and published by Edward Elgar Publishing. This book was released on 1995 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
