The Emergence of Market Economies in Eastern Europe

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Publisher : Wiley-Blackwell
ISBN 13 : 9781557863331
Total Pages : 352 pages
Book Rating : 4.8/5 (633 download)

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Book Synopsis The Emergence of Market Economies in Eastern Europe by : Christopher K. Clague

Download or read book The Emergence of Market Economies in Eastern Europe written by Christopher K. Clague and published by Wiley-Blackwell. This book was released on 1992-01-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenge of making a successful transition from central planning under Communism to a market economy and a democratic polity is one of the most important facing the world today. There is no historical precedent; while the experience of the West provides attractive models of the ultimate destination, the beginning of the journey is uncharted territory. In this volume a number of leading Western economists offer the first comprehensive overview of all aspects of the economic problems facing Eastern Europe. These encompass much more than a need to dismantle rigid systems of control. A new set of social arrangements that would enable market forces to enhance productivity must be constructed--contract law, secure private property, a predictable taxation policy, a stable monetary structure, and an appropriate regulatory framework. The task is greatly complicated by the fact that the institutions of a successful market economy are highly interdependent: each functions properly only when others are also in place, but none can be put in place with one stroke. Part I deals with overall approaches to the transition; Part II, with macroeconomic balance and financial discipline; Part III, with government policy towards the private sector, in particular anti-trust policy and safety-net issues; Part IV, with privatization policy and the current state of privatization plans.

The Market Meets Its Match

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Publisher : Harvard University Press
ISBN 13 : 9780674549845
Total Pages : 270 pages
Book Rating : 4.5/5 (498 download)

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Book Synopsis The Market Meets Its Match by : Alice Hoffenberg Amsden

Download or read book The Market Meets Its Match written by Alice Hoffenberg Amsden and published by Harvard University Press. This book was released on 1998 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.

The Transition From Command To Market Economies In East-central Europe

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Author :
Publisher : Routledge
ISBN 13 : 1000234606
Total Pages : 322 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis The Transition From Command To Market Economies In East-central Europe by : Sandor Richter

Download or read book The Transition From Command To Market Economies In East-central Europe written by Sandor Richter and published by Routledge. This book was released on 2019-09-10 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now that the euphoria over political change has died down, the formerly socialist countries of Eastern and Central Europe are facing an economic crisis. The contributors to this well-established annual publication consider the key factors affecting the economic transition process, analyzing possible strategies for successful reform including the use of "shock theory" to accelerate the process. As well as examining various country-specific problems, the authors explore the status of the Central European countries seeking integration with the European Economic Community, and ask whether all the former socialist countries might do well to adopt some of the economic development strategies used so successfully by the nations of Southeast Asia.

Towards a Market Economy in Central and Eastern Europe

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642765726
Total Pages : 173 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Towards a Market Economy in Central and Eastern Europe by : Herbert Giersch

Download or read book Towards a Market Economy in Central and Eastern Europe written by Herbert Giersch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1990, the countries of Central and Eastern Europe began or accelerated their transition to a market economy. This book addresses among others the following questions: (I) What are the fundamental causes of the collapse of the Soviet-type economic systems? (II) What major steps could be taken to make the transition process to a market economy irreversible and less painful? (III) What can be learned from West Germany's outstandingly successful postwar economic reforms? (IV) Is the issue of gradualism versus shock therapy still relevant? (V) If macroeconomic stability is a precondition, what is the role of privatization, deregulation and trade liberalization? (VI) What is the optimal sequence of steps in privatization, deregulation, liberalization and currency convertibility? (VII) How quickly may privatization be achieved? (VIII) Is the USSR really a special case and, if so, in what respects and for what fundamental reasons? (IX) How long in the transition period may the initial phase of disorder, chaos and decline last? (X) What can be learned from the experiences gathered so far in the major ex-communist countries?

Market-oriented Systemic Transformations in Eastern Europe

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Publisher : Springer Science & Business Media
ISBN 13 : 3642581404
Total Pages : 267 pages
Book Rating : 4.6/5 (425 download)

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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.

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.

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.

Transition Economies

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Publisher : Routledge
ISBN 13 : 1317567943
Total Pages : 272 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Transition Economies by : Aleksandr V. Gevorkyan

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 272 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.

Transformation at Work

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Publisher : SAGE
ISBN 13 : 0857026070
Total Pages : 273 pages
Book Rating : 4.8/5 (57 download)

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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.

Democracy and the Market

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Publisher : Cambridge University Press
ISBN 13 : 9780521423359
Total Pages : 230 pages
Book Rating : 4.4/5 (233 download)

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Book Synopsis Democracy and the Market by : Adam Przeworski

Download or read book Democracy and the Market written by Adam Przeworski and published by Cambridge University Press. This book was released on 1991-07-26 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so many people enjoyed, or at least experimented with democratic institutions. However, many strategies for economic development in Eastern Europe and Latin America have failed with the result that entire economic systems on both continents are being transformed. This major book analyzes recent transitions to democracy and market-oriented economic reforms in Eastern Europe and Latin America. Drawing in a quite distinctive way on models derived from political philosophy, economics, and game theory, Professor Przeworski also considers specific data on individual countries. Among the questions raised by the book are: What should we expect from these experiments in democracy and market economy? What new economic systems will emerge? Will these transitions result in new democracies or old dictatorships?

A Fourth Way?

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Publisher : Routledge
ISBN 13 : 1136646574
Total Pages : 322 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis A Fourth Way? by : Gregory S. Alexander

Download or read book A Fourth Way? written by Gregory S. Alexander and published by Routledge. This book was released on 2017-09-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition to market economies in Eastern Europe, considered in the light of Western experiences of seeking a middle way between classical liberalism and state socialism.

From Central State to Free Global Market Economy

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Publisher : Springer Science & Business Media
ISBN 13 : 9401589550
Total Pages : 196 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis From Central State to Free Global Market Economy by : C. Corsi

Download or read book From Central State to Free Global Market Economy written by C. Corsi and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some rapid and complex changes have taken place during recent years in the former Soviet Union. These incredible changes occurred not only in political policy and behavior, but also in social life and within framework of economic rules, especially the aspects concerning the key factor of new and advanced economies, which is based on Innovation Technology (IT). In fact, IT is becoming to be a key factor or, at least, the enzymatic factor necessary for activating asolid economy, based on advanced products and manufacturing, and with an incredible and unforeseeable impact on human lifestyle and wellbeing. This tool of development coupled to a world-wide movement towards a post-industrial era, with poorly defined economic, social and cultural boundaries is rapidly gaining support all over the world, supporting and creating a "global market". This globalization, intended as market expansion and flooding, is really a deeper and more complex phenomenon, surely mainly deriving from a cultural movement (the origin and aim ofthe use of IT as a tool for World Globalization). The process of globalization of the Innovation Market, which might have originated the economy failure of Eastern Europe with a risk of disintegration, is really the only way to solve the problem; therefore, the integration within the whole of Europe should be based on the paradigm of an Innovation Policy.

Aspects of Transition to Market Economies in Eastern Europe

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Author :
Publisher : Ashgate Publishing
ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Aspects of Transition to Market Economies in Eastern Europe by : Ulrich Thiessen

Download or read book Aspects of Transition to Market Economies in Eastern Europe written by Ulrich Thiessen and published by Ashgate Publishing. This book was released on 1994 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides a comprehensive assessment of economic developments in six Eastern European countries since 1990. It attempts to answer a number of basic questions, of which "Can incomes policy be regarded as an effective means of alleviating unemployment?" is an example.

The Economic History of Central, East and South-East Europe

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Author :
Publisher : Taylor & Francis
ISBN 13 : 131741411X
Total Pages : 529 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis The Economic History of Central, East and South-East Europe by : Matthias Morys

Download or read book The Economic History of Central, East and South-East Europe written by Matthias Morys and published by Taylor & Francis. This book was released on 2020-12-29 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of communism in Central, East and South-East Europe (CESEE) led to great hopes for the region and for Europe. A quarter of a century on, the picture is mixed: in many CESEE countries, the transformation process is incomplete, and the economic catch-up has taken longer than anticipated. The current situation has highlighted the need for a better understanding of the long-term political and economic implications of the Central, East and South-East European historical experience. This thematically organised text offers a clear and comprehensive guide to the economic history of CESEE from 1800 to the present day. Bringing together authors from both East and West, the book also draws on the cutting-edge research of a new generation of scholars from the CESEE region. Presenting a thoroughly modern overview of the history of the region, the text will be invaluable to students of economic history and CESEE area studies.

Privatization in the Transition to a Market Economy

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Publisher : Burns & Oates
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Privatization in the Transition to a Market Economy by : John S. Earle

Download or read book Privatization in the Transition to a Market Economy written by John S. Earle and published by Burns & Oates. This book was released on 1993 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization policies are the centrepiece of the historically unique transformation of the centrally planned, into market economies. Yet the peculiarities of the privatization process in Eastern Europe are little understood in the West because of differences in historical, socio-political and economic contexts relative to Western experience. Most research on privatization in the West is rather theoretical and thus pays insufficient attention to these contexts, perhaps because their importance is not widely appreciated and because there has been little information about them available. Moreover, the significant differences among East European countries in contexts and in policies are not well-understood even within the region, again because of a lack of information.

Trade, Development and Structural Change

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Publisher : Springer
ISBN 13 : 1349590053
Total Pages : 325 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis Trade, Development and Structural Change by : Anca M. Voicu

Download or read book Trade, Development and Structural Change written by Anca M. Voicu and published by Springer. This book was released on 2018-05-30 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the evolution of trade and trade patterns in Central and Eastern European countries (CEEC) and assesses the implications of these patterns on structural change and economic development within transition economies. Taking the fall of the Iron Curtain in 1989 as a starting point, the authors discuss the transition of former communist CEE countries from centrally planned to market-driven economies, arguing that trade was the primary engine for the economic growth and transition process they experienced. The chapters in this book incorporate the results of previous studies – some of which are based on original research conducted by the authors – dedicated to the integration process of international and European trade. More importantly, the authors look at the broader aspects of structural change and economic development, indeed the whole process of economic transformation. Thus, the book moves well beyond the core ‘trade and growth’ framework to look at technological progress, foreign investment, institutional development and structural change in Central and Eastern European countries.

The Czech Republic and Economic Transition in Eastern Europe

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Publisher : Academic Press
ISBN 13 : 1483289230
Total Pages : 434 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis The Czech Republic and Economic Transition in Eastern Europe by : Jan Svejnar

Download or read book The Czech Republic and Economic Transition in Eastern Europe written by Jan Svejnar and published by Academic Press. This book was released on 2013-10-22 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Czech Republic and Economic Transition in Eastern Europe is the first in-depth, comparative analysis of the Czech Republic's economic transition after the fall of the Communist bloc. Edited by Jan Svejnar,a principal architect of the Czech economic transformation and Economic Advisor to President Vaclav Havel, the book poses important questions about the Republic and its partners in Central and Eastern Europe. The thirty-five essayists describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues it faces. In this in-depth, comparative analysis of the Czech Republic's economic transition, an international team of thirty-five economists examine the Republic and its partners in Central and Eastern Europe. Important questions and issues permeate the essays. For example, prior to 1939 the Czech Republic possessed the most advanced economy in the region; is it capable of reestablishing its dominance? Relative to its neighbors, the Republic ranks especially high on some transition-related performance indicators but low on others. What economic effects are related to the 1993 dissolution of the Czech and Slovak governments? And what can be learned by comparing the economic outcomes of two countries that shared legal and institutional frameworks? Data describe the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. Its most important contributions are its clarifications of the transition process. The authors included in Transforming Czechoslovakia combine the best available data and techniques of economic analysis to assess the replacement of the inefficient but internally consistent central planning system with a more efficient market system. These authors, among whom are central European economic analysts, senior U.S. economists, and Czechoslovakian professors and economic researchers, discuss the country's macroeconomic performance; its development of capital markets; the structure and performance of its industries; its unemployment, household behavior, and income distribution; and the environmental and health issues facing it. The essays vary between presentations of history and policy and technical examinations of data. Together they offer the most comprehensive and detailed assessment of the country's economic transformation in print. This book is important because its essayists compile results and reach conclusions that are broad and credible. The empirical data were gathered on the ground and have been subjected to advanced methodologies, including game theory, industrial organization, and Granger-Sims causality.