Author: William Jefferies
Publisher: Routledge
ISBN: 1317594924
Category : Business & Economics
Languages : en
Pages : 179
Book Description
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox? This book traces the origin of the West’s national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protégé of Kuznets, Abram Bergson. The AFC imputed national incomes to a centrally planned economy, based on physical not income measurements. This book provides a detailed assessment of the failure of the AFC method to measure the real growth of actual market production during the transition period. This book provides a detailed account of the application of national income measurements to the centrally planned economies. It assesses all of the major contributors to this debate, including Colin Clark, Naum Jasny, Alexander Gerschenkron, G.Warren Nutter and Abram Bergson. It provides a new much higher, estimate of the expansion of market production during the transition period, based on an estimate of the actual growth of real market production. It discusses the very significant implications of this re-estimate for contemporary theories of globalisation.
Measuring National Income in the Centrally Planned Economies
Author: William Jefferies
Publisher: Routledge
ISBN: 1317594924
Category : Business & Economics
Languages : en
Pages : 179
Book Description
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox? This book traces the origin of the West’s national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protégé of Kuznets, Abram Bergson. The AFC imputed national incomes to a centrally planned economy, based on physical not income measurements. This book provides a detailed assessment of the failure of the AFC method to measure the real growth of actual market production during the transition period. This book provides a detailed account of the application of national income measurements to the centrally planned economies. It assesses all of the major contributors to this debate, including Colin Clark, Naum Jasny, Alexander Gerschenkron, G.Warren Nutter and Abram Bergson. It provides a new much higher, estimate of the expansion of market production during the transition period, based on an estimate of the actual growth of real market production. It discusses the very significant implications of this re-estimate for contemporary theories of globalisation.
Publisher: Routledge
ISBN: 1317594924
Category : Business & Economics
Languages : en
Pages : 179
Book Description
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox? This book traces the origin of the West’s national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protégé of Kuznets, Abram Bergson. The AFC imputed national incomes to a centrally planned economy, based on physical not income measurements. This book provides a detailed assessment of the failure of the AFC method to measure the real growth of actual market production during the transition period. This book provides a detailed account of the application of national income measurements to the centrally planned economies. It assesses all of the major contributors to this debate, including Colin Clark, Naum Jasny, Alexander Gerschenkron, G.Warren Nutter and Abram Bergson. It provides a new much higher, estimate of the expansion of market production during the transition period, based on an estimate of the actual growth of real market production. It discusses the very significant implications of this re-estimate for contemporary theories of globalisation.
Measuring National Income in the Centrally Planned Economies
Author: William Jefferies
Publisher: Routledge
ISBN: 1317594932
Category : Business & Economics
Languages : en
Pages : 183
Book Description
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox? This book traces the origin of the West’s national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protégé of Kuznets, Abram Bergson. The AFC imputed national incomes to a centrally planned economy, based on physical not income measurements. This book provides a detailed assessment of the failure of the AFC method to measure the real growth of actual market production during the transition period. This book provides a detailed account of the application of national income measurements to the centrally planned economies. It assesses all of the major contributors to this debate, including Colin Clark, Naum Jasny, Alexander Gerschenkron, G.Warren Nutter and Abram Bergson. It provides a new much higher, estimate of the expansion of market production during the transition period, based on an estimate of the actual growth of real market production. It discusses the very significant implications of this re-estimate for contemporary theories of globalisation.
Publisher: Routledge
ISBN: 1317594932
Category : Business & Economics
Languages : en
Pages : 183
Book Description
In 1991 "Communism" collapsed. The cold war was over and the West had won. Whole cities, Moscow, St Petersburg, Warsaw, Beijing, Budapest and Bucharest, whole countries indeed, were privatised for nothing or next to nothing. This was probably the greatest expansion of the world market in history. And yet, according to national income measurements of the CIA, OECD, World Bank and IMF, this gigantic expansion of market production, led to a decline in market production in the very countries where it was introduced. How to explain this paradox? This book traces the origin of the West’s national income measurements, from their origin in the 1923/4 Balance developed in the USSR, to the USA in the early 1930s via two Soviet exiles, Simon Kuznets and Wassily Leontief, and then back to the USSR again, after a vigorous debate, through a protégé of Kuznets, Abram Bergson. The AFC imputed national incomes to a centrally planned economy, based on physical not income measurements. This book provides a detailed assessment of the failure of the AFC method to measure the real growth of actual market production during the transition period. This book provides a detailed account of the application of national income measurements to the centrally planned economies. It assesses all of the major contributors to this debate, including Colin Clark, Naum Jasny, Alexander Gerschenkron, G.Warren Nutter and Abram Bergson. It provides a new much higher, estimate of the expansion of market production during the transition period, based on an estimate of the actual growth of real market production. It discusses the very significant implications of this re-estimate for contemporary theories of globalisation.
Measuring the Economy
Author:
Publisher:
ISBN:
Category : Gross domestic product
Languages : en
Pages : 21
Book Description
Publisher:
ISBN:
Category : Gross domestic product
Languages : en
Pages : 21
Book Description
National Income
Author: Simon Kuznets
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 170
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 170
Book Description
National Income
Author: Simon Smith Kuznets
Publisher:
ISBN: 9780870141133
Category : Income
Languages : en
Pages : 144
Book Description
Publisher:
ISBN: 9780870141133
Category : Income
Languages : en
Pages : 144
Book Description
The Determinants of National Saving and Wealth
Author: Franco Modigliani
Publisher: Palgrave Macmillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 448
Book Description
Comparison of the determinants of national level savings and wealth - discusses the role of social security, private sector savings behaviour and capital formation patterns in market economies and planned economies; examines demographic aspects, consumption functions, effects in national accounts, and the measurement of investment in material and human capital; includes case studies from UK, Italy, Sweden, France, Poland and USSR. Graphs, references, statistical tables.
Publisher: Palgrave Macmillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 448
Book Description
Comparison of the determinants of national level savings and wealth - discusses the role of social security, private sector savings behaviour and capital formation patterns in market economies and planned economies; examines demographic aspects, consumption functions, effects in national accounts, and the measurement of investment in material and human capital; includes case studies from UK, Italy, Sweden, France, Poland and USSR. Graphs, references, statistical tables.
The Distribution of National Income
Author: J. Marchal
Publisher: Springer
ISBN: 1349152455
Category : Business & Economics
Languages : en
Pages : 753
Book Description
Publisher: Springer
ISBN: 1349152455
Category : Business & Economics
Languages : en
Pages : 753
Book Description
Measuring the Transition
Author: Mr.Vincent Koen
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
Book Description
As Russia’s transition unfolds, the traditional national accounts concepts and reporting mechanisms become increasingly inadequate. As a result, the margin of error associated with basic price and quantity estimates widens substantially. A selection of key measurement and interpretation issues is discussed here, in operational rather than in methodological terms.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 34
Book Description
As Russia’s transition unfolds, the traditional national accounts concepts and reporting mechanisms become increasingly inadequate. As a result, the margin of error associated with basic price and quantity estimates widens substantially. A selection of key measurement and interpretation issues is discussed here, in operational rather than in methodological terms.
National Income Visualized
Author: Arthur Dahlberg
Publisher:
ISBN: 9780231021326
Category : Income
Languages : en
Pages : 117
Book Description
Publisher:
ISBN: 9780231021326
Category : Income
Languages : en
Pages : 117
Book Description
An Introduction to National Economic Accounting
Author: Allan H. Young
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 24
Book Description
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 24
Book Description