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The Transition From Socialism And Inflation
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Book Synopsis Inflation and Growth in the Transition from Socialism by : Andrés Solimano
Download or read book Inflation and Growth in the Transition from Socialism written by Andrés Solimano and published by World Bank Publications. This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fragile political-macroeconomic equilibrium is bound to result in high inflation in the transition from socialism. The collapse of growth in Bulgaria is the result of cuts in oil deliveries from the Soviet Unions and Iraq, domestic dislocation in the supply of inputs following the dismantling of central planning, and the contraction of the Soviet market.
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.
Book Synopsis It Didn't Happen Here by : Seymour Martin Lipset
Download or read book It Didn't Happen Here written by Seymour Martin Lipset and published by W. W. Norton & Company. This book was released on 2000 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why socialism has failed to play a significant role in the United States - the most developed capitalist industrial society and hence, ostensibly, fertile ground for socialism - has been a critical question of American history and political development. This study surveys the various explanations for this phenomenon of American political exceptionalism.
Book Synopsis Transition and Economics by : Gérard Roland
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.
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.
Book Synopsis Socialism - An Economic and Sociological Analysis by : Ludwig von Mises
Download or read book Socialism - An Economic and Sociological Analysis written by Ludwig von Mises and published by VM eBooks. This book was released on 2016-11-24 with total page 766 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialism is the watchword and the catchword of our day. The socialist idea dominates the modem spirit. The masses approve of it. It expresses the thoughts and feelings of all; it has set its seal upon our time. When history comes to tell our story it will write above the chapter “The Epoch of Socialism.” As yet, it is true, Socialism has not created a society which can be said to represent its ideal. But for more than a generation the policies of civilized nations have been directed towards nothing less than a gradual realization of Socialism.17 In recent years the movement has grown noticeably in vigour and tenacity. Some nations have sought to achieve Socialism, in its fullest sense, at a single stroke. Before our eyes Russian Bolshevism has already accomplished something which, whatever we believe to be its significance, must by the very magnitude of its design be regarded as one of the most remarkable achievements known to world history. Elsewhere no one has yet achieved so much. But with other peoples only the inner contradictions of Socialism itself and the fact that it cannot be completely realized have frustrated socialist triumph. They also have gone as far as they could under the given circumstances. Opposition in principle to Socialism there is none. Today no influential party would dare openly to advocate Private Property in the Means of Production. The word “Capitalism” expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas. In seeking to combat Socialism from the standpoint of their special class interest these opponents—the parties which particularly call themselves “bourgeois” or “peasant”—admit indirectly the validity of all the essentials of socialist thought. For if it is only possible to argue against the socialist programme that it endangers the particular interests of one part of humanity, one has really affirmed Socialism. If one complains that the system of economic and social organization which is based on private property in the means of production does not sufficiently consider the interests of the community, that it serves only the purposes of single strata, and that it limits productivity; and if therefore one demands with the supporters of the various “social-political” and “social-reform” movements, state interference in all fields of economic life, then one has fundamentally accepted the principle of the socialist programme. Or again, if one can only argue against socialism that the imperfections of human nature make its realization impossible, or that it is inexpedient under existing economic conditions to proceed at once to socialization, then one merely confesses that one has capitulated to socialist ideas. The nationalist, too, affirms socialism, and objects only to its Internationalism. He wishes to combine Socialism with the ideas of Imperialism and the struggle against foreign nations. He is a national, not an international socialist; but he, also, approves of the essential principles of Socialism.
Download or read book Socialism Sucks written by Robert Lawson and published by Simon and Schuster. This book was released on 2019-07-30 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bastard step-child of Milton Friedman and Anthony Bourdain, Socialism Sucks is a bar-crawl through former, current, and wannabe socialist countries around the world. Free market economists Robert Lawson and Benjamin Powell travel to countries like Venezuela, Cuba, Russia, and Sweden to investigate the dangers and idiocies of socialism—while drinking a lot of beer.
Book Synopsis The Collapse of State Socialism by : Bartolomiej Kaminski
Download or read book The Collapse of State Socialism written by Bartolomiej Kaminski and published by Princeton University Press. This book was released on 2014-07-14 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does the abrupt collapse of communist regimes in Eastern Europe arise only from errors in implementing the policy of state socialism, leaving the concept itself still a potentially valid one? Bartlomiej Kaminski argues to the contrary: state socialism is a fundamentally defective idea that was well carried out, enabling it to exist until its accumulated shortcomings made its survival extremely difficult. How did the flawed state-socialist system endure for so long? Why is it failing now? In answering these questions, Kaminski, who is both an economist and a political analyst, proposes a general theory and then applies it to the case of Poland. Contending that the breakdown of state socialism results from symbiosis of the state and the economy, the book describes how communist governments searched for tools that would replace the market mechanism and the rule of law. Doomed in advance by the absence of autonomy and competition, this search generated new crises by undermining the state's capacity to suppress individual interests and to direct the economy. Originally published in 1991. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber
Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.
Book Synopsis The Economics of Inflation by : Constantino Bresciani-Turroni
Download or read book The Economics of Inflation written by Constantino Bresciani-Turroni and published by Routledge. This book was released on 2013-05-13 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general. The analysis is supported by extensive statistical material. * For this translation the author thoroughly revised the original work * Includes an appendix on German economic conditions in the years following the monetary reform, 1923-24
Book Synopsis The Inflation-Targeting Debate by : Ben S. Bernanke
Download or read book The Inflation-Targeting Debate written by Ben S. Bernanke and published by University of Chicago Press. This book was released on 2007-11-01 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting—its potential, its successes, and its limitations—from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.
Book Synopsis The Great Disorder by : Gerald D. Feldman
Download or read book The Great Disorder written by Gerald D. Feldman and published by Oxford University Press. This book was released on 1997-03-06 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.
Book Synopsis The Transition from Socialism in Eastern Europe by : Arye L. Hillman
Download or read book The Transition from Socialism in Eastern Europe written by Arye L. Hillman and published by World Bank Publications. This book was released on 1992-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unveiling the North Korean Economy by : Byung-Yeon Kim
Download or read book Unveiling the North Korean Economy written by Byung-Yeon Kim and published by Cambridge University Press. This book was released on 2017-06-08 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, systematic analysis of the North Korean economy, exposing its hidden workings through quantitative data analysis and surveys.
Download or read book The Drift written by Kevin A. Hassett and published by Simon and Schuster. This book was released on 2021-11-02 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kevin Hassett wasn’t always a Trump supporter. Before his surprising appointment as the top White House economist, he took a dim view of the populist agenda and mercurial temperament of the man who had won control of the Republican Party. But experience would soon change his mind. As chairman of the President’s Council of Economic Advisers, Hassett helped Donald Trump bring about a golden age of prosperity, in which Americans who had been left behind by decades of failed policy were given the opportunity to succeed. The miracle lasted three years, until a virus from China killed it. Trump proved that a mix of free-market principles and enlightened nationalism could revive the American economic dynamo. Guided by an unlikely team of brilliant advisers and driven by his own force of will, he recognized that Washington bureaucrats had undermined the American dream by inserting themselves into every aspect of the economy. These “experts” were leading us down the path to socialism, and Trump fought like mad to turn things around. Enjoying not only direct access to the president but also his trust and respect, Hassett was involved in almost every important policy debate. After two exhausting but successful years, he stepped down from the CEA and returned to private life—only to return as a special adviser on pandemic policy in 2020. The Drift offers a unique perspective on a pivotal presidency. Unconnected and unbeholden to Donald Trump, Kevin Hassett came to the administration with a critical eye. But working with Trump the president convinced him that this flawed leader might be the only man who could halt the drift toward a statist and moribund economy. Filled with urgent lessons, this book is essential reading as the drift resumes.
Book Synopsis Domesticating Revolution by : Gerald W. Creed
Download or read book Domesticating Revolution written by Gerald W. Creed and published by Penn State Press. This book was released on 2010-11-01 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collapse of state socialism in 1989 focused attention on the transition to democracy and capitalism in Eastern Europe. But for many people who actually lived through the transition, the changes were often disappointing. In Domesticating Revolution, Gerald Creed explains this unexpected outcome through a detailed study of economic reforms in one Bulgarian village.
Book Synopsis How China Became Capitalist by : R. Coase
Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
