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Author : Alexandru Chirmiciu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)
Download or read book Reforms, institutions, competition and economic performance in transition economies written by Alexandru Chirmiciu and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ivan Pavletic
Publisher : vdf Hochschulverlag AG
ISBN 13 : 3728132969
Total Pages : 235 pages
Book Rating : 4.7/5 (281 download)
Download or read book Political Competition, Economic Reform and Growth written by Ivan Pavletic and published by vdf Hochschulverlag AG. This book was released on 2010 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Which political and institutional factors trigger reforms that enable the poor to benefit from the process of economic growth? How can the incentives of policy makers be influenced in order to achieve such a dynamic? These are the questions this study seeks to address by examining the transition process in post-communist countries. The author argues that political competition within an accepted and respected institutional environment has been a driving force in shaping the direction and success of transition reforms. Evidence shows that in countries with a sufficient degree of political competition, citizens responded to economic crises by calling for economic liberalization. Economic liberalization removed existing distortions, increased economic efficiency and raised public welfare. This activated a dynamic, self-enforcing reform process that also strengthened the political and economic power of the poor. In the absence of political competition, such a process failed to emerge, thereby contributing to the persistence of poverty. Based on these findings, there is good reason to postulate that some level of political competition is essential for transition reforms to improve economic efficiency and public welfare in a sustainable manner.
Author : Tim Yeager
Publisher : Routledge
ISBN 13 : 0429979398
Total Pages : 160 pages
Book Rating : 4.4/5 (299 download)
Download or read book Institutions, Transition Economies, And Economic Development written by Tim Yeager and published by Routledge. This book was released on 2018-02-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
Author : Giovanni Andrea Cornia
Publisher :
ISBN 13 : 9780199242184
Total Pages : 296 pages
Book Rating : 4.2/5 (421 download)
Download or read book Transition and Institutions written by Giovanni Andrea Cornia and published by . This book was released on 2001 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive assessment of the mortality crisis which has affected most economies in transition but which has remained so far largely unexplained. It reconciles long-term and short-term explanations of the crisis and makes use of special micro data-sets never used before. By providing a rigorous multidisciplinary analysis of this upsurge in mortality rates, the book hopes to contribute to the launch of vigorous policies to tackle this societal problem.
Author : Gerard Turley
Publisher : Routledge
ISBN 13 : 1136909087
Total Pages : 506 pages
Book Rating : 4.1/5 (369 download)
Download or read book Transition Economics written by Gerard Turley and published by Routledge. This book was released on 2012-07-26 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important aspects of economic transition, including: The initial conditions at the outset of transition Paradigms and patterns of transition The main transition policies and economic reforms The performance of transition countries and firms The lessons from transition The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. Transition Economics: Two Decades On is more than just a book about a particular part of the world or the transformation that was experienced at a particular time in history. The authors believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history.
Author : Timothy J. Yeager
Publisher :
ISBN 13 : 9780813335735
Total Pages : 166 pages
Book Rating : 4.3/5 (357 download)
Download or read book Institutions, Transition Economies, and Economic Development written by Timothy J. Yeager and published by . This book was released on 1999 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager’s Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
Author : Gérard Roland
Publisher : MIT Press
ISBN 13 : 9780262681483
Total Pages : 440 pages
Book Rating : 4.6/5 (814 download)
Download or read book Transition and Economics written by Gérard Roland and published by MIT Press. This book was released on 2000 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
Author : Aymo Brunetti
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4./5 ( download)
Download or read book Institutions in Transition written by Aymo Brunetti and published by World Bank Publications. This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ivan Pavletic
Publisher :
ISBN 13 : 9783728133113
Total Pages : 0 pages
Book Rating : 4.1/5 (331 download)
Download or read book Political Competition, Economic Reform and Growth written by Ivan Pavletic and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Which political and institutional factors trigger reforms that enable the poor to benefit from the process of economic growth? How can the incentives of policy makers be influenced in order to achieve such a dynamic? These are the questions this study seeks to address by examining the transition process in post-communist countries. The author argues that political competition within an accepted and respected institutional environment has been a driving force in shaping the direction and success of transition reforms. Evidence shows that in countries with a sufficient degree of political competition, citizens responded to economic crises by calling for economic liberalization. Economic liberalization removed existing distortions, increased economic efficiency and raised public welfare. This activated a dynamic, self-enforcing reform process that also strengthened the political and economic power of the poor. In the absence of political competition, such a process failed to emerge, t
Author : William E. Kovacic
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Institutional Foundations for Economic Legal Reform Transition Economies written by William E. Kovacic and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1970's, there has been a progression toward market processes in nations once committed to comprehensive central economic planning. Multinational donors and individual Western countries have expended substantial resources to advise these nations about legal reforms designed to promote this progression. Despite enormous uncertainty and upheaval in the transition from planning to markets, economic liberalization remains the strategy of choice for boosting growth. Competition policy laws prohibiting various restraints of trade and creating public or private rights of action to enforce such prohibitions are common elements in the transition environment. This article examines questions about the proper scope of form of competition policy in transitional markets and about the design of legal reforms in emerging markets generally. While the proper approach to economic development in emerging markets requires analysis of a number of issues, such as identifying priorities in conditions of scarcity, developing supporting institutions, performing a careful initial assessment of existing condition, and determining the rate of change, the first issue to consider is whether competition policy -- which encompasses the policy instruments by which a nation can promote business rivalry -- deserves a high priority. This requires defining “competition policy.” Most agree that transition economies should take affirmative measures to increase business rivalry as a tool for promoting growth and that the creation of an institution to advocate pro-market solutions, including antitrust enforcement, is appropriate. However, there is disagreement over whether competition policy in emerging markets should involve the full panoply of antitrust commands found in mature competition policy systems. Careful pre-reform analysis of existing conditions in the host country and rigorous attention to how the host country will implement nominal competition policy commands is necessary for competition policy law reform to be effective. Where statutes in transition countries dictate enforcement of mature competition policy systems, there is a significant mismatch between national implementation capabilities and the demands of new competition laws. This mismatch must be confronted to decide about the correct measure of completeness and complexity in transition economy competition policy systems. Emphasis on institutional capability has significant implications for technical assistance. The successful development of competition policy institutions in transition environments requires close attention to enhancing the capacity of a wide variety of institutions, such as universities, research institutions, professional societies, and courts. Extensive, sustained contributions from foreign governments in the form of human and physical capital is the key to setting the proper institutional foundation and encouraging sensible application of new laws.
Author : Aleksandr V. Gevorkyan
Publisher : Routledge
ISBN 13 : 1317567943
Total Pages : 317 pages
Book Rating : 4.3/5 (175 download)
Download or read book Transition Economies written by Aleksandr V. Gevorkyan and published by Routledge. This book was released on 2018-04-17 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.
Author : Douglass Cecil North
Publisher : Unu/Wider
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (89 download)
Download or read book The Contribution of the New Institutional Economics to an Understanding of the Transition Problem written by Douglass Cecil North and published by Unu/Wider. This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Jonathan David Ostry
Publisher : International Monetary Fund
ISBN 13 : 1589068181
Total Pages : 62 pages
Book Rating : 4.5/5 (89 download)
Download or read book Structural Reforms and Economic Performance in Advanced and Developing Countries written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2009-10-15 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the impact on economic performance of structural policies-policies that increase the role of market forces and competition in the economy, while maintaining appropriate regulatory frameworks. The results reflect a new dataset covering reforms of domestic product markets, international trade, the domestic financial sector, and the external capital account, in 91 developed and developing countries. Among the key results of this study, the authors find that real and financial reforms (and, in particular, domestic financial liberalization, trade liberalization, and agricultural liberalization) boost income growth. However, growth effects differ significantly across alternative reform sequencing strategies: a trade-before-capital-account strategy achieves better outcomes than the reverse, or even than a "big bang"; also, liberalizing the domestic financial sector together with the external capital account is growth-enhancing, provided the economy is relatively open to international trade. Finally, relatively liberalized domestic financial sectors enhance the economy's resilience, reducing output costs from adverse terms-of-trade and interest-rate shocks; increased credit availability is one of the key mechanisms.
Author : Paul Hare
Publisher : Routledge
ISBN 13 : 1135080879
Total Pages : 528 pages
Book Rating : 4.1/5 (35 download)
Download or read book Handbook of the Economics and Political Economy of Transition written by Paul Hare and published by Routledge. This book was released on 2013-05-02 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition from central planning to a market economy, involving large-scale institutional change and reforms at all levels, is often described as the greatest social science experiment in modern times. As more than two decades have passed since the fall of the Berlin Wall and the collapse of the Soviet Union, it is now an excellent time to take stock of how the transition process has turned out for the economies that have moved on from socialism and the command economy. This new handbook assembles a team of leading experts, many of whom were closely involved in the transition process as policymakers and policy advisors, to explore the major themes that have characterized the transition process. After identifying the nature of initial conditions and the strengths and weaknesses of institutions, the varying paths and reforms countries have taken are fully analyzed – from the shock therapy, privatization or gradualism of the early years to the burning issues of the present including global integration and sustainable growth. Topics covered include the socialist system pre-transition, economic reforms, institutions, the political economy of transition, performance and growth, enterprise restructuring, and people and transition. The country coverage is also extensive, from the former socialist countries of the USSR and the satellite states of Central and Eastern Europe to the Asian countries of China, Vietnam and others. The rise of China as a key actor in the drama is chronicled, along with the emergence of a new, more confident, oil-rich Russia. The comparative prosperity of the Central European countries such as Poland and the Czech Republic is contrasted with the mixed fortunes of the former USSR, where some countries are stagnating while others boom. This Handbook of the Economics and Political Economy of Transition is the definitive guide to this new order of things in the former Communist world.
Author : Gregory Kisunko
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (1 download)
Download or read book Institutions in Transition: Reliability of Rules and Economic Performance in Former Socialist Countries written by Gregory Kisunko and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: August 1997 The predictability of a transition economy's institutional framework may well influence the amount of foreign direct investment and economic growth the economy can expect. Building reliable institutions that support a market system is widely believed to be critical to a successful economic transition. Brunetti, Kisunko, and Weder present indicators on the predictability of the institutional framework across twenty transition economies--indicators of the predictability of rules, political stability, the security of property rights, the reliability of the judiciary, and the lack of corruption. They then investigate whether these indicators can explain differences in economic performance. The results suggest that the predictability of the institutional framework may indeed explain a large part of differences in foreign direct investment and in economic growth among transition economies. Political stability and secure property rights are particularly important to entrepreneurial confidence in the economy. This paper--a product of the Office of the Chief Economist and Senior Vice President, Development Economics--was produced as a background paper for World Development Report 1997: The Role of the State in a Changing World. The study was funded in part by the Research Support Budget under the research projects Cross-Country Indicators of Institutional Uncertainty (RPO 680-51) and Indicators of Government Quality as Perceived by the Private Sector (RPO 681-52).
Author : Gergõ M. Lakatos
Publisher : Nova Publishers
ISBN 13 : 9781604560824
Total Pages : 256 pages
Book Rating : 4.5/5 (68 download)
Download or read book Transition Economies written by Gergõ M. Lakatos and published by Nova Publishers. This book was released on 2008 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A transition economy is an economy which is changing from a planned economy to a free market. Transition economies undergo economic liberalisation (letting market forces set prices and lowering trade barriers), macroeconomic stabilisation where immediate high inflation is brought under control, and restructuring and privatisation in order to create a financial sector and move from public to private ownership of resources. These changes often may lead to increased inequality of incomes and wealth, dramatic inflation and a fall of GDP. Transition process is usually characterised by the changing and creating of institutions, particularly private enterprises; changes in the role of the state, thereby, the creation of fundamentally different governmental institutions and the promotion of private-owned enterprises, markets and independent financial institutions. This new book presents the latest research from around the world in this field.
Author : Oli Havrylyshyn
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (318 download)
Download or read book Institutions Matter in Transition, But So Do Policies written by Oli Havrylyshyn and published by International Monetary Fund. This book was released on 2000-03 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: When I was growing up in Peru, I was told that the farms I visited belonged to farming communities and not to the individual farmers. Yet as I walked from field to field, a different dog would bark. The dogs were ignorant of the prevailing law; all they knew was which land their masters controlled. In the next 150 years those nations whose laws recognize what the dogs already know will be the ones who enjoy the benefits of a modern market economy. - Hernando de Soto
