Command Economy to Market Economy PDF Download

Author: R. B. Jain
Publisher: Deep and Deep Publications
ISBN:
Category : Capitalism
Languages : en
Pages : 528

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Book Description
Contributed seminar papers with reference to the third world and post-Soviet countries.

Author: Nic Potts
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 19

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Author: Curt Anderson
Publisher: Council for Economic Educat
ISBN: 9781561834846
Category : Education
Languages : en
Pages : 122

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Book Description
In these lessons students learn about the challenges facing Central European, Baltic and former Soviet countries during their transition to market economies.

Author: Meghnad Desai
Publisher:
ISBN:
Category : Central planning
Languages : en
Pages : 36

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Author: Marek Dabrowski
Publisher:
ISBN:
Category :
Languages : en
Pages :

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March 1996 The government's ability to act fast and with determination is more important to radical economic reform than technical perfection in designing new policy instruments. Political consent to reform measures lasts a short time, so it should be used in full. If the window of opportunity is ignored, the next one may be a long time coming. In 1989, the former communist countries embarked on a transition from centrally planned command economies to market economies (and from repressive dictatorships to Western-style democracies). In addressing the question, What is the optimal strategy for this transformation? Dabrowski revisits the controversy about how quickly and radically the new market rules and their components should be adopted in the former communist countries and discusses the economic and political problems associated with different strategies. Among his conclusions: * Generally, the faster and more comprehensive the economic reform, the more chance there is to minimize its economic, social, and political costs, and to avoid chronic macroeconomic mismanagement. A more radical and disciplined path of transition is all the more important when initial conditions are less favorable and negative external shocks are greater. Only countries such as Hungary -- which had made some progress in market-oriented reform before communism's collapse and which experienced less macroeconomic disequilibrium -- could go more slowly. * Political liberalization and democratization helps the economic transition succeed mainly because it helps weaken the political positions of the traditional communist oligarchy (nomenclatura), which is interested mainly in rent-seeking. * Unless stabilization and liberalization are achieved quickly, microeconomic restructuring cannot be expected to progress quickly, even if privatization does (as it has in Russia). Other aspects of the transition may take more time. For privatization to succeed, for example, a legal base and organizational infrastructure must be created. But even with privatization, a rapid transition is less risky for restructuring and for complex institutional reform than a slow transition. * There is no way to avoid a relatively large decline in output, especially of industrial production in the state sector. * Granting concessions to, and bargaining with, various pressure groups does not produce the expected political results or increase social acceptance of reform. * Governments should not be afraid of aiming too high in embarking on a stabilization program or any other component of transformation. Most post-communist governments do the opposite: dilute the program so much it becomes ineffective. This paper -- a product of the Transition Economics Division, Policy Research Department -- is part of a larger effort in the department to look at progress on macroeconomic reforms in former communist countries as they move to a market economy.

Author: Anna Pollert
Publisher: SAGE
ISBN: 0857026070
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
`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.

Author: Ion Gr Ionescu
Publisher:
ISBN: 9783330872011
Category :
Languages : en
Pages :

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Author: Michael Cuddy
Publisher: Routledge
ISBN: 1351742639
Category : Business & Economics
Languages : en
Pages : 222

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Book Description
This title was first published in 2002.The importance of institutions for transition economies has so far been overlooked; Michael Cuddy and Ruvin Gekker bring together leading experts in the field to fill this crucial void in the literature. The contributors concentrate on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period. Experiences are primarily drawn from Russia. The book consists of three parts, the first comprising an analysis, synthesis and generalizations of the institutional adaptations, as a market economy slowly emerges from a fog of shifting rules and varying interpretations. This is followed by the study of business and taxation authorities’ behavior as they try to minimize or maximize the taxation take. The volume also analyzes the challenges facing central and regional governments in delivering equitable levels of public services across regions of vastly different development levels, while at the same time trying to stimulate regional economic growth.

Author: Richard W. T. Pomfret
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
Offering a cross-comparative study of the transition regimes of the countries formerly characterized by Soviet central planning, Pomfret (economics, U. of Adelaide) argues that the imposition of the Washington consensus has been a qualified success across the board. A major theme of the work is whether economists were able to accurately predict the economic behavior and results of the transition economies and whether they were able to learn from discrepancies. His analysis of this is surprisingly positive, although the arguments for the immediate benefits of mass privatization are noted to be deficient (in hindsight for Pomfret). Annotation copyrighted by Book News, Inc., Portland, OR

Author: Tai-Chun Kuo
Publisher: Routledge
ISBN: 1136665706
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
This book tells the story of Taiwan’s economic revolution—how Taiwan transformed itself from a planned economy into a market economy between 1949 and 1965. The authors posit that it was the Kuomintang Government's endorsement of property rights reform and institutional change that enabled Taiwan to transform from an impoverished command economy to one of the fastest growing economies in the world. The book gives special attention to how a small group of political and economic leaders began adopting the new ideas and beliefs that created the vision that enabled them to embrace institutional and organizational innovations, actions which led to the formation of the new market economy. Using first-hand interview material with key government officials from the period, and analyses of hitherto unused Chinese-language archives including: the diaries of Chiang Kai-shek, Kuomintang party archives, and personal papers of Kuomintang leaders, as well as newspaper and journal articles published in Taiwan between 1949 and 1965, this book is both empirically rich, and gives the reader insights into Taiwan's developmental experience and the direction in which, under different circumstances, China's post-war expansion might have proceeded. Taiwan's Economic Transition will be an invaluable resource for anyone interested in the economic and political history and development of Taiwan. More broadly it will also appeal to scholars and students of China's historical and contemporary development, Asian economics, and Asian studies.