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Book Challenges Faced in Transforming from a Centrally Planned to a Market Economy

Download or read book Challenges Faced in Transforming from a Centrally Planned to a Market Economy written by Tzong-shian Yu and published by . This book was released on 1993 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Challenges for Russian Economic Reform

Download or read book Challenges for Russian Economic Reform written by Alan Smith and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition to a market economy proves to be far more difficult in Russia than in the former centrally planned economies of eastern Europe. The Russian economy continues to face serious problems, including substantial inflationary pressures, falling output, and capital flight. The most positive aspect of the transition has been the relatively fast pace of privatization. Challenges for Russian Economic Reform contains papers published by the post-Soviet Business Forum at the Royal Institute of International Affairs that have been revised for this volume. The contributers, specalists in Russian economic affairs, examine the principal economic and institutional factors that have hindered transformation in Russia. The sheer size of the country has complicated the problem of exposing domestic producers to foreign competition and has weakened the ability of central authorities to control the regions. Economic stabilization has been hampered by the difficulties in establishing sound economic relations with the former Soviet republics. David Dyker and Michael Barrow analyze the problems of monopoly and competition policy in Russia. Philip Hanson assesses the obstacles to economic stabilization posed by regional economic interests and examines regional diversity in reform implementation. Michael Kaser examines the problems of privatization by regions and sectors in Russia and the CIS and the institutional obstacles encountered by foreign investors. Alan Smith explores the problems created by the breakup of traditional trade and payment relations with the non-Russian republics of the former Soviet Union and bilateral trade links with Eastern Europe. He also provides an overall assessment of Russian economic performance since the collapse of communism.

Book Transformation from the centrally planned to the market economy system

Download or read book Transformation from the centrally planned to the market economy system written by Jan S. Kowalski and published by . This book was released on 1992 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book On the Theory and Policy of Systemic Change

Download or read book On the Theory and Policy of Systemic Change written by Hans-Jürgen Wagener and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1989 and 1992 three colloquia on transformation problems were held at the Ludwig-Reimers-Stiftung, Bad Homburg. At the end of the 1980s the collapse of the Soviet-type socialist economic system had become clear and, hence, the necessity to transform these systems into an entirely different eco nomic order. Similar processes have happened and still happen in other his torical constellations, for instance in developing countries. It has been the aim of the Transformation Colloquium to gain more theoretical insight into these phenomena. The object of research has been transformation defined as transition from a given economic order (socialist planned economy e.g.) to a consistent new or der (market economy). This is a highly complex phenomenon which occurred, above all, during the 20th century: introduction and abolition of socialist sys tems, transition from war economies to peace-time market economies. Histori cal experience allows perhaps for certain generalizing abstractions. The central problem discussed at all (up to now) three colloquia is the question whether the object is amenable for theoretical analysis and which approaches eventually are promising.

Book Constructing a Market Economy

Download or read book Constructing a Market Economy written by Richard W. T. Pomfret and published by Edward Elgar Publishing. This book was released on 2002 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Book Transition Economy

Download or read book Transition Economy written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-13 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Transition Economy A transition economy or transitional economy is an economy which is changing from a centrally planned economy to a market economy. Transition economies undergo a set of structural transformations intended to develop market-based institutions. These include economic liberalization, where prices are set by market forces rather than by a central planning organization. In addition to this trade barriers are removed, there is a push to privatize state-owned enterprises and resources, state and collectively run enterprises are restructured as businesses, and a financial sector is created to facilitate macroeconomic stabilization and the movement of private capital. The process has been applied in China, the former Soviet Union and Eastern bloc countries of Europe and some Third world countries, and detailed work has been undertaken on its economic and social effects. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Transition economy Chapter 2: Economy of Moldova Chapter 3: Economy of Togo Chapter 4: Economy of Ukraine Chapter 5: Economy of Uzbekistan Chapter 6: European Bank for Reconstruction and Development Chapter 7: Economy of Tunisia Chapter 8: Shock therapy (economics) Chapter 9: Economy of Canada Chapter 10: Economy of Europe Chapter 11: Economy of the Socialist Federal Republic of Yugoslavia Chapter 12: Balcerowicz Plan Chapter 13: World economy Chapter 14: Economic history of Turkey Chapter 15: Economic history of China (1949-present) Chapter 16: Central Bank of Uzbekistan Chapter 17: Economic history of the Russian Federation Chapter 18: Chinese economic reform Chapter 19: Erik Berglöf Chapter 20: Dollarization of Cuba Chapter 21: World Bank and Poland (II) Answering the public top questions about transition economy. (III) Real world examples for the usage of transition economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of transition economy.

Book Government and Markets

Download or read book Government and Markets written by H.J. Blommestein and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government and Markets is the first book to tackle systematically and in a multidisciplinary fashion the role of democratic governments during and after the transition from plan to market. The role of governments during the transformation is important for eliminating the obstacles and putting into place the conditions for the emergence of a viable market economy. Moreover, governments need to play a key role in establishing a political-legal order that promotes political liberties and economic freedom. In contrast to other literature on the transformation process in formerly planned systems, this volume focuses also on the creation of autonomous and accountable governments as part of the liberal economic order. Finally, the volume analyzes the role of the legal state in creating a competitive market economy. Government and Markets addresses itself to scholars, politicians policy makers interested in the establishment of a democratic, competitive order in formerly planned political economic systems.

Book Lessons from the Economic Transition

Download or read book Lessons from the Economic Transition written by Salvatore Zecchini and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: An attentive reader embarking on this book might wonder what "the" economic transition to which the title refers might be. In this century almost all countries have gone through periods of economic transition; but which period of economic history can claim to embody the notion or to represent the era of "the" transition? Definitely, no country or group of countries has experienced anything comparable to the economic upheavals that the fall of communism has brought about in a large portion of the world in just three years (1989 to 1991). No other "transition" to date has prompted more interest and more studies among economists, academics and policy-makers than has the transformation of centrally planned economies into market-based systems. It is this transformation that has come to define "the" transition. Early in the transformation process (in November 1990), with the support of the Centre for Co-operation with the Economies in Transition (CCET), I launched a conference to examine the challenges faced by these countries. About six years have gone by and a new economic landscape has emerged in that part of the world. The difficulties in transforming these economies have exceeded all expectations, and economic performances have varied considerably across countries. The time has come, therefore, to make a first evaluation of progress and problems, with a view to extracting useful policy lessons to guide policy-makers in successfully completing the transition in the near future.

Book Economic Management And Transition Towards A Market Economy  An Asian Perspective

Download or read book Economic Management And Transition Towards A Market Economy An Asian Perspective written by Anthony Theng Heng Chin and published by World Scientific Publishing Company. This book was released on 1996-10-04 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much attention has been focused in recent years on the transformation of the economies of Eastern and Central Europe and the former Soviet Union. However, a growing demand for policy advice, technical assistance and expertise is also coming from Asian reforming countries such as China, Mongolia, Vietnam, Laos and Cambodia. In addition, business communities abroad are increasingly interested in exploring investment and marketing opportunities in these reforming countries. Such developments are too important to overlook or ignore.The transformation of socialist economies towards market-based systems entails an unusually wide range of problems. Studies of related topics are complicated by the speed of the changes and the lack of clear historical precedents. Although the structural features of Asian reforming economies are in important ways different from those of the Eastern European economies, all socialist economies share similar fundamental conditions on the eve of economic reform which raise a similar set of reform issues.This volume brings together a rich collection of expertise and information in an attempt to shed some light on the transitional process in Asia. The contributions are by no means exhaustive. However, they provide the reader and analyst with an excellent starting point to the problems and prospects which are specific to Asian transforming economies.

Book Market oriented Systemic Transformations in Eastern Europe

Download or read book Market oriented Systemic Transformations in Eastern Europe written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.

Book The Transformation of the Communist Economies

Download or read book The Transformation of the Communist Economies written by Ha-Joon Chang and published by Springer. This book was released on 2016-07-27 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mainstream view of the way in which best to transform the communist economies was that there should be a rapid transition to a free market economy and political democracy. The articles in this book challenge this view. They do so from the standpoint of economic and political theory, and from an evaluation of the comparative experience of different reforming countries in Europe and Asia. This book represents the first systematic attempt to try to explain the dramatic contrast in outcome between reforming countries that have pursued comprehensive system reform and those that have pursued cautious, experimental strategies.

Book The People s Republic of Walmart

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.

Book Reforming Planned Economies in an Integrating World Economy

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

Book The Changing Role of the Market in National Economies

Download or read book The Changing Role of the Market in National Economies written by William U. Chandler and published by Steve Parish. This book was released on 1986 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of sustainable economics not only examines how to produce what for whom but also how irreplaceable resources can be adequately conserved. Efficient and equitable economic mechanisms are central components of the concept. Analyzing issues complicated by politics, ideology, and nationalism, sustainable economics scholars attempt to explore what works to make resource use more efficient, how people behave in relation to resources, and how a country's economic system can alter its prospects for survival. In this paper an answer for survival is sought through an examination of the performance of various countries throughout the world in agricultural efficiency/food security, energy efficiency, environmental pollution, and equity. Central to these topics is the changing reliance on the market, which should have significant human and environmental consequences. It is also contended that efficient food production and energy consumption make the best indicators of progress toward sustainable economics. It is concluded that many countries are reorienting their economies but that over-optimism about efficiency is not justified in view of the many problems that remain. Ten tables and 4 figures illustrate the topics in question. (TRS)

Book Economic Transition in Vietnam

Download or read book Economic Transition in Vietnam written by Melanie Beresford and published by Edward Elgar Publishing. This book was released on 2000-12-20 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors show how development of non-plan trading relations was based on supplies of scarce, aid-subsidised goods which provided the means for local authorities, enterprises and individuals to convert their positions of political and social power into capital. They further highlight the ways in which new, market-oriented trade relations emerged in symbiosis with the planning system and continue to influence the economic structure and institutions today. Economic Transition in Vietnam outlines the many problems currently facing Vietnam, not least how new global forms of integration are affecting future development."--BOOK JACKET.