Download or read book An Economic History of Twentieth Century Europe written by Ivan T. Berend and published by Cambridge University Press. This book was released on 2006-04-20 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major history of economic regimes and economic performance throughout the twentieth century. Ivan T. Berend looks at the historic development of the twentieth-century European economy, examining both its failures and its successes in responding to the challenges of this crisis-ridden and troubled but highly successful age. The book surveys the European economy's chronological development, the main factors of economic growth, and the various economic regimes that were invented and introduced in Europe during the twentieth century. Professor Berend shows how the vast disparity between the European regions that had characterized earlier periods gradually began to disappear during the course of the twentieth century as more and more countries reached a more or less similar level of economic development. This accessible book will be required reading for students in European economic history, economics, and modern European history.
Download or read book Models of Disequilibrium and Shortage in Centrally Planned Economies written by C.M. Davis and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The centrally planned economies (CPEs) of the Soviet Union and Eastern Europe have experienced severe imbalances in domestic and external markets over the past several decades. As a result, they have been chronically afflicted by problems such as excess demand, repressed inflation, deficits of commodities, queues, waiting lists, and forced savings. Economists have responded to these phenomena by developing appropriate theoretical and empirical models of CPEs. Of particular note have been the pioneering studies of Richard Portes on disequilibrium econometric models and Janos Kornai on the shortage economy. Each approach has attracted followers who have produced numerous, innovative macro- and microeconomic models of Poland, Czechoslovakia, the German Democratic Republic, Hungary, and the USSR. These models have proved to be of considerable value in the analysis of the causes, consequences and remedies of disequilibrium phenomena. Inevitably, the new research has also generated controversies both between and within the schools of shortage and disequilibrium modelling, concerning the fundamental nature of the socialist economy, theoretical concepts and definitions, the specification of models, estimation techniques, interpretation of empirical findings, and policy recommend ations. Furthermore, the research effort has been energetic but incomplete, so many gaps exist in the field.
Download or read book Centrally Planned Economies written by Libor Žídek and published by . This book was released on 2019-05-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive analysis of the centrally-planned economy of communist Czechoslovakia. One of the book's key questions is: Why did centrally-planned economies lag behind the developed economies? This book makes a major contribution to the discussion on central planning, as no similar recent publication on the topic exists.
Download or read book The People s Republic of Walmart written by Leigh Phillips and published by Verso Books. This book was released on 2019-03-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Taxation in Centrally Planned Economies written by P.T. Wanless and published by Routledge. This book was released on 2018-06-28 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists studying comparative economic systems have generally neglected the important question of taxation in socialist countries. This is somewhat surprising since taxation plays an important role in the regulation of economic activity in these countries. This book, first published in 1985, aims to restore the study of taxation to its rightful role in comparative economic studies. It stresses the importance of taxation and the state budget and argues that these are tools of economic policy which complement central economic planning.
Download or read book Measuring National Income in the Centrally Planned Economies written by William Jefferies and published by Routledge. This book was released on 2014-11-27 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Problems of the Planned Economy written by John Eatwell and published by Springer. This book was released on 1990-07-23 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on problems encountered in a planned economy.
Download or read book Centrally Planned Economies written by Libor Žídek and published by Routledge. This book was released on 2019-05-14 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a retrospective view of how the system operated in Communist Czechoslovakia, this book is an important voice in the discussion about the systems of central planning. The unique features of the book include in-depth research comprising both archival records and analyses of around 75 interviews conducted with period managers across a wide range of management levels. They provided evidence of pervasive inefficiency resulting in appalling economic outcomes. The book begins with a background to the politico-sociological system in Czechoslovakia and proceeds to describe the Marxist-Leninist ideological foundation of the regime, which underpinned the formal setting of the Czechoslovak model. These initial chapters set the context for the subsequent analysis of the real functioning of the system. The book explores the economic outcomes that must be understood as a natural consequence of the ways in which this system operated. The author finishes by answering the important question of why centrally planned economies trailed behind the market economies. The book’s unique use of the interview research format brings a vivid, close-up view of the everyday economic life in the centrally planned system. This will be a valuable contribution to the discussion surrounding the day-to-day reality of the system, which was found to be more colourful than is generally deemed. The book will appeal to both economic historians and students of economic history. A warning against repeating past mistakes, this book will also be of interest to those seeking a greater knowledge of the realities and consequences of centrally planned economies.
Download or read book Optimal Decisions In Markets And Planned Economies written by Richard Quandt and published by Routledge. This book was released on 2019-09-03 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much research into the economics of socialist planned economies has emphasized macroeconomic issues central to setting and meeting macroeconomic goals, and research on the theory of the firm in capitalist economies is not generally relevant to socialist economies. In this volume, leading economists from both East and West fill the gap in the literature by examining in critical detail many different aspects of the microeconomics of the firm in socialist economies.
Download or read book Central Planning written by P. Hare and published by Routledge. This book was released on 2013-07-04 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the nature and the mode of operation of the centrally planned economy, assessing its strengths and the weaknesses that eventually led to its demise.
Download or read book The Logic of the Planned Economy written by Pawel H. Dembinski and published by . This book was released on 1991 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book examines and seeks to explain the inner contradictions of centrally planned economies and shows how the seeds of their collapse had existed within the system from the very start. The author shows how the orthodox ideological principles of the system rendered it inflexible and incapable of reform and thus unable to transform itself into an efficient modern economy. Though the system as such has ceased to exist, it is as yet only the rules that have disappeared--the system's components continue to exist and, the author argues, a proper understanding of the origins and previous functions of each component is necessary if it is to be integrated into the new system.
Download or read book Foreign Trade in the Centrally Planned Economy written by T. Wolf and published by Taylor & Francis. This book was released on 2013-07-04 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses the main institutional and policy determinants of the foreign trade behaviour of a centrally planned economy and studies factors that affect the level and pattern of foreign trade.
Download or read book Planned Economy written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-12-25 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Planned Economy A planned economy is a form of economic system in which the distribution of goods and services, as well as the investment, production, and allocation of capital assets, are carried out in accordance with economic plans that are either applicable to the entire economy or are restricted to a specific category of products and services. Different types of economic planning, such as centralized, decentralized, participative, or Soviet-style planning, may be utilized in a planned economy. Depending on the particular kind of planning mechanism that is utilized, the degree of centralization or decentralization that is present in decision-making and involvement should be determined. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Planned economy Chapter 2: Economic calculation problem Chapter 3: Socialism Chapter 4: Mixed economy Chapter 5: Participatory economics Chapter 6: Economic system Chapter 7: Robin Hahnel Chapter 8: Lange model Chapter 9: Pat Devine Chapter 10: Economic planning Chapter 11: Production for use Chapter 12: Facilitation board Chapter 13: Authoritarian socialism Chapter 14: Democratic socialism Chapter 15: State socialism Chapter 16: Social ownership Chapter 17: Soviet-type economic planning Chapter 18: Market socialism Chapter 19: Socialist economics Chapter 20: Socialist calculation debate Chapter 21: Towards a New Socialism (II) Answering the public top questions about planned economy. (III) Real world examples for the usage of planned economy in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of planned economy. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of planned economy.
Download or read book Plans and Disequilibria in Centrally Planned Economies written by W. Charemza and published by Elsevier. This book was released on 2014-06-28 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.
Download or read book Interactions Between the Planner Managers and Workers in Centrally Planned Economies written by Joop de Kort and published by Purdue University Press. This book was released on 1994 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coordination of decision making has always been an important topic for politicians, business people, and scientists alike. The experiment in the Soviet Union and Eastern Europe to build a centrally planned economy provides an excellent example to study the possibilities and limitations of planned coordination. In this study, the author focuses on the interaction between several actors in a centrally planned economy, stressing the dominant position of the planner. An historical essay on the organization of production in the Soviet Union is combined with several theoretical insights. This forms the basis for the argument that the planner's reluctance to take the preferences and the strategies of others in society are essential explaining why the socialist experiment failed.
Download or read book Central Planning written by Jan Tinbergen and published by New Haven : Yale University Press. This book was released on 1964 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government economic planning - the impact on economic development, the social implications and the best techniques of centralization. Comparison (18 tables) of planning processes. Bibliography pp. 143-146.
Download or read book Reforming Planned Economies in an Integrating World Economy written by Barry P. Bosworth and published by Brookings Institution Press. This book was released on 2000-07-26 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The still chaotic states of the former Soviet Union, a growing China, and the divergent nations of Eastern Europe are striving to radically transform their economies. In their quest to become more integrated with the global economy, they are making historic changes to move toward market-based, private-enterprise systems. In this book, Barry P. Bosworth and Gur Ofer provide a balanced assessment of the progress of integration among the formerly centrally planned economies. So far, the results of the reform process range from amazing success in China to economic and political disarray in the states of the former Soviet Union. The authors outline the key issues that any successful reform program must address and the sequence in which these reforms should take place. A volume of Brookings' Integrating National Economies Series
