Social Costs of Transformation to a Market Economy in Post-Socialist Countries

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Publisher : Springer
ISBN 13 : 0230500870
Total Pages : 225 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Social Costs of Transformation to a Market Economy in Post-Socialist Countries by : J. Adam

Download or read book Social Costs of Transformation to a Market Economy in Post-Socialist Countries written by J. Adam and published by Springer. This book was released on 1999-08-18 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals primarily with social costs of transformation to a market economy in Poland, the Czech Republic and Hungary. The transformation provisions have negatively affected the well-being of the population. They brought about unemployment, a phenomenon which did not exist in the previous, communist system, increased income inequities, reduced social programmes and expanded poverty. All these phenomena are examined in this book. In addition, the book discusses the strategy of transformation, privatisation and the economic performance of the three countries.

Economics of Transition

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Publisher : Routledge
ISBN 13 : 0429812450
Total Pages : 575 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Economics of Transition by : Hüsnü Kizilylli

Download or read book Economics of Transition written by Hüsnü Kizilylli and published by Routledge. This book was released on 2019-05-23 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure.

Taking Stock of Shock

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Publisher : Oxford University Press
ISBN 13 : 0197549233
Total Pages : 305 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis Taking Stock of Shock by : Kristen Ghodsee

Download or read book Taking Stock of Shock written by Kristen Ghodsee and published by Oxford University Press. This book was released on 2021 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction: Transition from communism - qualified success or utter catastrophe? -- The plan for a J-curve transition -- Plan meets reality -- Modifying the framework -- Counter-narratives of catastrophe -- Where have all the people gone? -- The mortality crisis -- Collapse in fertility -- Outmigration crisis -- Disappointment with transition -- Public opinion of winners and losers -- Evaluations shift over time -- Towards a new social contract? -- Portraits of desperation -- Resistance is futile -- Return to the past -- The patriotism of despair -- Conclusion: Towards an inclusive prosperity.

Transition from Socialist to Market Economies

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Publisher : Springer
ISBN 13 : 023024498X
Total Pages : 286 pages
Book Rating : 4.2/5 (32 download)

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Book Synopsis Transition from Socialist to Market Economies by : S. Ichimura

Download or read book Transition from Socialist to Market Economies written by S. Ichimura and published by Springer. This book was released on 2009-10-21 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Economics of Transformation

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Publisher : Springer Science & Business Media
ISBN 13 : 3642786154
Total Pages : 346 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis The Economics of Transformation by : Alfred Schipke

Download or read book The Economics of Transformation written by Alfred Schipke and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Janos Kornai The collapse of the socialist system in eastern Europe and the Soviet Union is one of the major events of this century, perhaps the most important of all. The transformation now taking place is without any precedent in history. The original development of capitalism was a process that lasted for centuries. The almost total liquidation of capitalism in the countries ruled by communist parties took place-in historical terms-in a very short period of time, but it was carried out by force and repressive methods. The transformation which has now begun is diverting these countries back onto the path of capitalist development and the hope is that the process will take place much faster than the original emergence of capitalism. And another hope can be expressed: that the governments of these countries will not resort during the process to the arsenal of political violence and repression in order to speed it up. Although the post -socialist transformation is a historically unique phenomenon, some components and features of it show a similarity with other processes or events that took place under other circumstances. Other empires before the Soviet empire collapsed. The political structures of other countries took the path from dictatorship to democracy. Under other conditions, state assets have been privatized, inflation has been curbed, foreign capital has flowed in, new oligopolies have formed, and so on. The uniqueness lies in the new, specific configuration of these component processes and may other phenomena.

The Labor Market and the Transition of Socialist Economies

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Labor Market and the Transition of Socialist Economies by : Milan Vodopivec

Download or read book The Labor Market and the Transition of Socialist Economies written by Milan Vodopivec and published by World Bank Publications. This book was released on 1990 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: One challenge of the transition of socialist economies to multiparty democracy and a market economy will be to reallocate labor while minimizing the social costs of unemployment. Vodopivec identifies the key issues of labor reform and makes policy recommendations.

Ten Years of Postsocialist Transition

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Ten Years of Postsocialist Transition by : Grzegorz W. Kolodko

Download or read book Ten Years of Postsocialist Transition written by Grzegorz W. Kolodko and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transition to a market economy is a lengthy process comprised of various spheres of economic activities. The naive belief that a market economy can be introduced by "shock therapy" is wrong, and in several cases, when attempted, has caused more problems than it has solved. Because a market economy requires adequate institutional structures and an appropriate behavior, transition can be executed only in a gradual manner, since these are very gradual processes based upon new organizations, new laws, and the changing behavior of various economic entities. In 1989, influential financial organizations, political bodies, and professional economists seemed to agree upon main points for economic policy reform. This was termed the Washington consensus. Despite the fact that the economic policy of the Washington consensus was initially developed without any concern for post-socialist transformation, it has happened that these ideas have significantly influenced the path of thought and action in Eastern Europe and the former Soviet Union. Because these policies were not intended for the overhaul of post-socialist countries, however, they have failed. A new, post-Washington consensus is developing, as it should, based on the lessons learned from experience thus far. Some major policy conclusions can be drawn: First, institutional arrangements are the most important factor for progress toward durable growth. Second, policy must recognize that institution building by its nature must be a gradual process. Third, policy makers must acknowledge that the size of the government is less important than the quality of its policy and the manner of the changes of government dimension. Fourth, if institutional arrangement is neglected and left to the spontaneous processes and unleashed forces of liberalized markets, then informal institutionalization fills the systemic vacuum. Fifth, in transition economies' policies must transform and streamline the judiciary system to serve the market economy. Sixth, a shift of competence and power from the central government to local governments is necessary for deregulation of the post-socialist economy. Seventh, there is an urgent necessity to accelerate the development of non-government organizations. Eight, during transition income policy and government concern for equitable growth has great meaning. Ninth, short-term capital liberalization must be monitored and controlled by the countries' fiscal and monetary authorities with the support of international financial institutions. Tenth, the Bretton Woods organizations should reconsider their policies toward transition economies aiming at institutional building and support for equitable growth.

Government and Markets

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Publisher : Springer Science & Business Media
ISBN 13 : 9401583668
Total Pages : 326 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Government and Markets by : H.J. Blommestein

Download or read book Government and Markets written by H.J. Blommestein and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government and Markets is the first book to tackle systematically and in a multidisciplinary fashion the role of democratic governments during and after the transition from plan to market. The role of governments during the transformation is important for eliminating the obstacles and putting into place the conditions for the emergence of a viable market economy. Moreover, governments need to play a key role in establishing a political-legal order that promotes political liberties and economic freedom. In contrast to other literature on the transformation process in formerly planned systems, this volume focuses also on the creation of autonomous and accountable governments as part of the liberal economic order. Finally, the volume analyzes the role of the legal state in creating a competitive market economy. Government and Markets addresses itself to scholars, politicians policy makers interested in the establishment of a democratic, competitive order in formerly planned political economic systems.

Command Economy to Market Economy

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Publisher : Deep and Deep Publications
ISBN 13 :
Total Pages : 528 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Command Economy to Market Economy by : R. B. Jain

Download or read book Command Economy to Market Economy written by R. B. Jain and published by Deep and Deep Publications. This book was released on 2000 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed seminar papers with reference to the third world and post-Soviet countries.

Dependence and Transformation

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Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Dependence and Transformation by : Clive Yolande Thomas

Download or read book Dependence and Transformation written by Clive Yolande Thomas and published by . This book was released on 1974 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on the theoretics of underdevelopment, economic development, and transition to socialism in small developing countries - suggests economic policies and production strategies, and discusses the problem of dependent economic relationships (role of developed countries), etc. Bibliography pp. 311 to 319, references and statistical tables.

The Transformation of State Socialism

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Publisher : Springer
ISBN 13 : 0230591027
Total Pages : 322 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The Transformation of State Socialism by : D. Lane

Download or read book The Transformation of State Socialism written by D. Lane and published by Springer. This book was released on 2007-09-12 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers aspects of transformation of former state socialist countries: social and economic outcomes; forces in the transformation process; problems of consolidation of the new regimes;and other scenarios. It also looks at alternative types of society that might replace state socialism, particularly state capitalism and market socialism.

The World Economy and Great Post-communist Change

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Publisher : Nova Publishers
ISBN 13 : 9781600210457
Total Pages : 206 pages
Book Rating : 4.2/5 (14 download)

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Book Synopsis The World Economy and Great Post-communist Change by : Grzegorz W. Kołodko

Download or read book The World Economy and Great Post-communist Change written by Grzegorz W. Kołodko and published by Nova Publishers. This book was released on 2006 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: An answer for the economist is a question for a policy maker. Most economists are confronted daily with the practical question of how the world is organised and how the global economy performs? When economists conclude they can grasp certain aspects scientifically, they offer an answer, which becomes, in turn, a question to the policy makers, keen on changing the world for the better. The unique approach presented in the book is the combination of the theoretical considerations with the policy viewpoint analysis, due to the author's own experience with policy-making as deputy premier and finance minister of Poland (twice and very successful as an architect of Polish reforms). Another important feature is a vast, yet comprehensive and deep discussion of the interactions between technology change and society and the economy both, in the world economy and in emerging markets, especially the post-communist ones. Of great importance for sustained development are the institutions. They are not only created and built, but also need to be learnt. Not only theoretical arguments, but also the practical experience demonstrates that faster economic growth is attained by those countries which take greater care to foster the institutional reinforcement of market economy and civic society. Yet progress in market-economy institution building is not in itself sufficient to ensure durable and fast growth. Another indispensable component is an appropriately designed and implemented economic policy, which must not confuse the means with the aims.

State and Society in Post-Socialist Economies

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Publisher : Springer
ISBN 13 : 0230590926
Total Pages : 294 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis State and Society in Post-Socialist Economies by : J. Pickles

Download or read book State and Society in Post-Socialist Economies written by J. Pickles and published by Springer. This book was released on 2008-01-17 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: State and Society in Post-Socialist Economies focuses on the reform economies of post-socialist Europe. It looks at how various projects of communism that emerged in have been and are still being dismantled and recomposed by alternative visions, institutions and practices of capitalist market economies and democratic polities.

The Transition to the Market Economy

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Publisher : Psychology Press
ISBN 13 : 9780415124348
Total Pages : 506 pages
Book Rating : 4.1/5 (243 download)

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Book Synopsis The Transition to the Market Economy by : Paul G. Hare

Download or read book The Transition to the Market Economy written by Paul G. Hare and published by Psychology Press. This book was released on 1997 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of articles examines the development of one of the most significant economic transformations ever undertaken covering a wide range of countries and economic sectors

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

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Publisher : World Bank Publications
ISBN 13 : 9780821339947
Total Pages : 256 pages
Book Rating : 4.3/5 (399 download)

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Book Synopsis Income, Inequality, and Poverty During the Transition from Planned to Market Economy by : Branko Milanovi?

Download or read book Income, Inequality, and Poverty During the Transition from Planned to Market Economy written by Branko Milanovi? and published by World Bank Publications. This book was released on 1998 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

Highway and Byways

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Publisher : MIT Press
ISBN 13 : 9780262111980
Total Pages : 276 pages
Book Rating : 4.1/5 (119 download)

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Book Synopsis Highway and Byways by : János Kornai

Download or read book Highway and Byways written by János Kornai and published by MIT Press. This book was released on 1995 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hungarian economist Janos Kornai first used the metaphor of a single path to postsocialist transition in his earlier book, The Road to a Free Economy. The new metaphor that frames this collection of eight recent studies reflects a broader perspective and understanding of the complexities of transition: every highway and byway leads eventually to capitalism, Kornai observes, but to what kind, how fast, and at what cost? Who wins and who loses? Kornai draws from his experiences of Hungarian reform as well as from countries of the former Soviet Union to make several major points. The first three studies describe what went wrong in countries that tried to mix elements of planned and market economies. Efforts made by communist countries to introduce market socialism (the "middle road") contained an inherent contradiction between the logic of socialism and the logic of a free enterprise system, and were doomed to failure. In the studies that follow, Kornai analyzes the on-going dilemmas. The transition from communism to free enterprise is filled with daunting hurdles; it requires no less than redefining ownership, changing values concerning the distribution of wealth, transferring the control of political power, creating financial institutions and enforcing financial discipline, and making deep economic sacrifice. Kornai closes with an overall survey of postsocialist transition, describing the stages that countries tend to go through, that will be particularly useful to scholars of comparative economic systems.

Markets, States, And Democracy

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Publisher : Westview Press
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Markets, States, And Democracy by : Beverly Crawford

Download or read book Markets, States, And Democracy written by Beverly Crawford and published by Westview Press. This book was released on 1995-03-14 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the literature on the "sequencing" of economic and political liberalization suggests that new democracies cannot successfully implement market-oriented reforms. Yet, post-Communist transformations have shown that under certain conditions, economic liberalizers are able to gain the upper hand in the political process. In this interdisciplinary volume, eminent scholars offer a cohesive framework for analyzing the forces that bolster or undermine liberalization and pursue four potential scenarios for the future of liberalization in these emerging states.