| Description |
1 online resource (xvi, 356 pages) : illustrations |
| Contents |
Communism and its demise. Real socialism. Decline and fall of socialism. The demise of communism in Central Europe. The collapse of the Soviet Union -- Shock therapy vs. gradualism. The radical reform program : a big bang. Gradual reform programs. Rent seeking : the scourge of transition. Criticism of radical reform after the Russian financial crash -- Output : slump and recovery. Sharp decline in recorded output and varied recovery. Exaggeration of the slump. Radical reform : least decline and early recovery. Late reformers : surged after 1998 -- Liberalization : the creation of a market economy. Different strategies of deregulation. Liberalization of foreign trade. Labor market policy. Combat of monopoly : gas and coal. A big bang : vital in deregulation -- From hyperinflation to financial stability. Establishing national currencies. Radical fiscal adjustment was key. Tax policy : from social democratic to liberal. Monetary policy : from loose to strict. Exchange rates : currency board or free float. Dramas of financial stabilization -- Privatization : the establishment of private property rights. Differing aims of privatization. Small-scale privatization : if started, swiftly done. Large-scale privatization : the biggest headache. Privatization of land, real estate, and housing. New enterprise development : the ultimate success. Great achievements of privatization. Vital : speed and legitimacy of property rights -- An inefficient social system. Incomes : differentiation and poverty. Life and health. Education adjusting to demand. Social transfers and pension reform. Alternative social models -- Democracy vs authoritarianism. Democratic breakthrough : critical for successful transformation. An under-reform trap. Renewed democratization : colored revolutions. Parties, electoral rules, and constitutions. How to tame the leviathan : reform of the communist state. Public opinion and ideology. Democracy and democracy aid -- From crime toward law. An explosion of crime. Attempts at building a legal system. Corruption : the bane of transition -- The role of oligarchs. Who are the oligarchs? The economics of oligarchy. The politics of oligarchy. Complaints : a matter of ideology. A question of property rights. Putin's alternative : centralized dictatorship -- The role of international assistance. The dream of Europe. Western failure to act in the East. Trade policy : a gulf between the EU and the CIS. International assistance : insufficient but crucial -- Conclusions : a world transformed. Different models. Achievements and revelations. Why certain polices worked while others did not |
| Summary |
Comprehensive both in its geographic and thematic approach, this text explains how the former communist countries became market economies from 1989 to 2006 |
| Bibliography |
Includes bibliographical references (pages 315-342) and index |
| Notes |
English |
|
Print version record |
| Subject |
Post-communism -- Former communist countries
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Privatization -- Former communist countries
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POLITICAL SCIENCE -- Economic Conditions.
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BUSINESS & ECONOMICS -- Economics -- Comparative.
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BUSINESS & ECONOMICS -- Economic Conditions.
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BUSINESS & ECONOMICS -- Economic History.
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Economic history
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Economic policy
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Post-communism
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Privatization
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Systemtransformation
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Sozialismus
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Kapitalismus
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Transformation
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Wirtschaftssystem
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Postcommunisme.
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Privatisering.
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Economische hervormingen.
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| SUBJECT |
Former communist countries -- Economic policy
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Former communist countries -- Economic conditions
|
| Subject |
Former communist countries
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Mitteleuropa
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Russland
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Zentralasien
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Osteuropa
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GOS.
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Midden-Azië.
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| Form |
Electronic book
|
| ISBN |
9780511790416 |
|
0511790414 |
|
9780511342653 |
|
0511342659 |
|
9780511339899 |
|
0511339895 |
|
9780511341014 |
|
0511341016 |
|
1107178649 |
|
9781107178649 |
|
1281085235 |
|
9781281085238 |
|
9786611085230 |
|
6611085238 |
|
0511342128 |
|
9780511342127 |
|
0511341598 |
|
9780511341595 |
|
0511573316 |
|
9780511573316 |
|
