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Author: Svetozar Pejovich Publisher: U of Minnesota Press ISBN: 0816658471 Category : History Languages : en Pages : 174
Book Description
The Market-Planned Economy of Yugoslavia was first published in 1966. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. The Yugoslavian economic system, combining, as it does, elements of Marxist socialism with many aspects of free enterprise, represents a challenging experiment which is being closely watched by students of economic and political theory. The system has attracted serious attention in the emerging nations of Asia and Africa and, more recently, in the Soviet Union itself. Though they retain socialist, state-centered goals, the Yugoslavs have introduced a great deal of decentralization and individual incentive and have allowed production to be largely regulated by the demand of a relatively free market instead of by predetermined quotas and plans. Professor Pejovich describes and analyzes this economic system, as it affects both the overall economy and the individual firm. He then provides a theoretical analysis in which he points out implications for economic theory and for the theory of socialism as well as the practical significance of the Yugoslavian experiment. The stud makes an important contribution in combining the economic theory of socialism formulated in the pioneering work of Oskar Lange with the theory of economic development if Joseph Schumpeter, whose concepts are discussed by Dr. Pejovich in an appendix.
Author: Svetozar Pejovich Publisher: U of Minnesota Press ISBN: 0816658471 Category : History Languages : en Pages : 174
Book Description
The Market-Planned Economy of Yugoslavia was first published in 1966. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions. The Yugoslavian economic system, combining, as it does, elements of Marxist socialism with many aspects of free enterprise, represents a challenging experiment which is being closely watched by students of economic and political theory. The system has attracted serious attention in the emerging nations of Asia and Africa and, more recently, in the Soviet Union itself. Though they retain socialist, state-centered goals, the Yugoslavs have introduced a great deal of decentralization and individual incentive and have allowed production to be largely regulated by the demand of a relatively free market instead of by predetermined quotas and plans. Professor Pejovich describes and analyzes this economic system, as it affects both the overall economy and the individual firm. He then provides a theoretical analysis in which he points out implications for economic theory and for the theory of socialism as well as the practical significance of the Yugoslavian experiment. The stud makes an important contribution in combining the economic theory of socialism formulated in the pioneering work of Oskar Lange with the theory of economic development if Joseph Schumpeter, whose concepts are discussed by Dr. Pejovich in an appendix.
Author: Christopher Prout Publisher: Oxford University Press, USA ISBN: Category : Business & Economics Languages : en Pages : 280
Book Description
Economic analysis of post-war economic developments in Yugoslavia - considers the ideologycal basis and implementation of decentralization, economic recession, and the 1963 economic reforms; looks at the transformation of the industrial enterprise, economic planning, workers self management, role of the state, etc.; analyses the functioning of the financial market, the labour market and the product market; discusses market stabilization and economic growth (incl. Employment, inflation and the balance of payments). References, statistical tables.
Author: Susan L. Woodward Publisher: Princeton University Press ISBN: 9780691025513 Category : Business & Economics Languages : en Pages : 468
Book Description
In the first political analysis of unemployment in a socialist country, Susan Woodward argues that the bloody conflicts that are destroying Yugoslavia stem not so much from ancient ethnic hatreds as from the political and social divisions created by a failed socialist program to prevent capitalist joblessness. Under Communism the concept of socialist unemployment was considered an oxymoron; when it appeared in postwar Yugoslavia, it was dismissed as illusory or as a transitory consequence of Yugoslavia's unorthodox experiments with worker-managed firms. In Woodward's view, however, it was only a matter of time before countries in the former Soviet bloc caught up with Yugoslavia, confronting the same unintended consequences of economic reforms required to bring socialist states into the world economy. By 1985, Yugoslavia's unemployment rate had risen to 15 percent. How was it that a labor-oriented government managed to tolerate so clear a violation of the socialist commitment to full employment? Proposing a politically based model to explain this paradox, Woodward analyzes the ideology of economic growth, and shows that international constraints, rather than organized political pressures, defined government policy. She argues that unemployment became politically "invisible," owing to its redefinition in terms of guaranteed subsistence and political exclusion, with the result that it corrupted and ultimately dissolved the authority of all political institutions. Forced to balance domestic policies aimed at sustaining minimum standards of living and achieving productivity growth against the conflicting demands of the world economy and national security, the leadership inadvertently recreated the social relations of agrarian communities within a postindustrial society.
Author: Leigh Phillips Publisher: Verso Books ISBN: 178663516X Category : Political Science Languages : en Pages : 257
Book Description
Are multi-national corporations like Walmart and Amazon laying the groundwork for international socialism? For the left and the right, major multinational companies are held up as the ultimate expressions of free-market capitalism. Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us? An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.
Author: Milica Uvalic Publisher: Cambridge University Press ISBN: 9780521122580 Category : Political Science Languages : en Pages : 276
Book Description
In this book, Milica Uvalic examines the theoretical and empirical issues related to investment in Yugoslavia since 1965. She explores investment policies, sources of finance, macroeconomic performance, enterprise incentives and current property reforms in relation to Western theory on investment behavior in the labor-managed firm and Kornai's theory on socialist economies. In line with Kornai's theory, the author argues that the fundamental causes of problems in Yugoslavia are generic to socialist economic systems, rather than the specific characteristic of self-management.
Author: Mojmir Mrak Publisher: World Bank Publications ISBN: 9780821357187 Category : Political Science Languages : en Pages : 506
Book Description
Thirteen years after independence from the former Socialist Republic of Yugoslavia, Slovenia has become one of the most advanced transition economies in Central and Eastern Europe and will become a member of the EU in May 2004. This publication examines the country's recent political and socio-economic history, its transition to a market economy and the challenges that lie ahead. It includes contributions from Slovenia's president, a former vice prime minister, the current and previous ministers of finance, the minister of European Affairs, the current and former governors of the Bank of Slovenia, as well as from leading development scholars in Slovenia and abroad.
Author: John R. Lampe Publisher: Indiana University Press ISBN: 9780253303684 Category : Business & Economics Languages : en Pages : 756
Book Description
Western economic historians have traditionally concentrated on the success stories of major developed economies, while development economists have given most of their attnetion to the problems of the Third World. The authors of this pioneering work study a part of Europe neglected by both approaches. Modernizing patterns in Balkan economic history are traced from the sixteenth century (when the territory was shared by Ottoman and Habsburg empires), through the nineteenth century (when they emerged as independent states), to the end of World War II and its aftermath. Despite present differences in economic systems—Greece's private market economy, Yugoslavia's planned market economy, and the centrally planned economies of Romania, Bulgaria, and Albania—the authors find that shared origins and common subsequent experiences are ample justifications for treating the area as an economic unit. Balkan Economic History, 1550-1950 will be a major case study for development economists and will provide historians with the first analytical and statistical study to survey the entire region from the start of the early modern period.
Author: S. Pejovich Publisher: Springer Science & Business Media ISBN: 9400935714 Category : Political Science Languages : en Pages : 324
Book Description
It was Lenin's genius to recognize the importance of [socialist] system with all the trappings of embellishing the democracy. If the people want a constitution. give them one. and even include the bill of rights. If they want a parliament, give them that too. And a system of courts. If they want a federal system create that myth as well. Above all, let them have e 1 ecti ons, for the act of voti ng is what the common man most clearly associates with democracy. Give them all these, but make sure that they have no effect on how things are run. - G. Warren Nutter Most research by Western scholars has emphasized macroeconomics (and to a considerable extent still does) as the method of analysis and growth rates as a standard for evaluating the performance of different economies. In the early 1960s Nutter raised questions about the reported growth rates in socialist states, the importance of growth policies for human welfare, and the abil ity of macroeconomi cs to enhance our understandi ng of soci a 1 and economic processes. In his work, Nutter used the standard price theory adjusted to incorporate the incentive effects of property rights in resources. He was casti gated for defyi ng the traditi ona 1 wi sdom. Not surprisingly, history has validated Nutter's theoretical framework and his conclusions.
Author: Svetozar Pejovich
Author: Svetozar Pejovich
Author: Christopher Prout
Author: Susan L. Woodward
Author: Leigh Phillips
Author: Milica Uvalic
Author: Svetozar Pejovich
Author: 
Author: Mojmir Mrak
Author: John R. Lampe
Author: S. Pejovich