[PDF] The March To Capitalism In The Transition Countries eBook

Author : Irving S. Michelman
Publisher : Routledge
Page : 176 pages
File Size : 37,70 MB
Release : 2019-05-23
Category : Business & Economics
ISBN : 0429810741

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First published in 1998, this book analyses and reconsiders one of the great economic dramas of Western history, the march to capitalism in Russia, Hungary, Poland, and the Czech Republic. The period is from 1989, after the fall of the Berlin Wall, when the liberated countries rushed headlong into democracy and capitalism. Special emphasis is on the role, often misunderstood, played by the Western-dominated aid agencies, the International Monetary Fund and the World Bank. They were called in while the Western countries dawdled and made empty promises. They basically financed and guided the transition, their own funds amounting to $50 billion, while issuing free-market strictures in the process. This reflected the supremacy of such ideology in the Thatcher-Reagan era. Russia, in its agony, offers a laboratory for the conflicting claims of free-market theory against a more pragmatic, experimental approach. China's hybrid-capitalism is also analyzed and compared.

Author : Saul Estrin
Publisher : Palgrave MacMillan
Page : 336 pages
File Size : 17,42 MB
Release : 2007-08-10
Category : Business & Economics
ISBN :

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More than fifteen years after the fall of the Berlin Wall, many issues regarding the transition from a centrally planned economy to a market economy are still being debated. This book presents an evaluation of the transition in Central Eastern Europe, and focuses on the socialist legacy, the transition from planned to market economy, and the future of the post-transition phase.

Author : Guoguang Wu
Publisher : Routledge
Page : 228 pages
File Size : 36,4 MB
Release : 2015-11-06
Category : Social Science
ISBN : 1317501209

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As China moved from a planned to a market economy many people expected that China’s political system would similarly move from authoritarianism to democracy. It is now clear, however, that political liberalisation does not necessarily follow economic liberalisation. This book explores this apparent contradiction, presenting many new perspectives and new thinking on the subject. It considers the path of transition in China historically, makes comparisons with other countries and examines how political culture and the political outlook in China are developing at present. A key feature of the book is the fact that most of the contributors are China-born, Western-trained scholars, who bring deep knowledge and well informed views to the study.

Author : Adam Zwass
Publisher : Routledge
Page : 280 pages
File Size : 24,33 MB
Release : 1999
Category : Business & Economics
ISBN :

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Zwass, author of several books based on his experience in the central banking systems of the USSR and Poland, now balances the decidedly pessimistic views of his From Failed Communism to Underdeveloped Capitalism (M.E. Sharpe, 1992) with a more even-handed assessment of the reform experiments and economic prospects of Russia and its Slavic neighbors. He also evaluates social democracy in Western Europe, Germany's leading role in opening the Eastern markets, the likelihood of European Union membership for each post-Communist nation, and China's historic opening to the world. Annotation copyrighted by Book News, Inc., Portland, OR

Author : Paul Mason
Publisher : Macmillan
Page : 369 pages
File Size : 16,99 MB
Release : 2016-02-09
Category : Business & Economics
ISBN : 0374235546

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"Originally published in 2015 by Allen Lane, an imprint of Penguin Random House, Great Britain"--Title page verso.

Author : Anders Aslund
Publisher : Peterson Institute for International Economics
Page : 531 pages
File Size : 22,38 MB
Release : 2014-10-29
Category : Political Science
ISBN : 0881326976

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The fall of communism 25 years ago transformed the political and economic landscape in more than two dozen countries across Europe and Asia. In this volume political leaders, scholars, and policymakers assess the lessons learned from the “great rebirth” of capitalism, highlighting the policies that were the most successful in helping countries make the transition to stable and prosperous market economies, as well as those cases of countries reverting to political and economic authoritarianism. The authors of these essays conclude that visionary leadership, and a willingness to take bold and comprehensive steps, achieved the best outcomes, and that privatization of state-owned enterprises and deregulation were essential to success. Recent backsliding, such as the reversal of economic and democratic reforms in Russia and Hungary, has cast a shadow over the legacy of the transition a quarter century ago, however.

Author : Tobias ten Brink
Publisher : University of Pennsylvania Press
Page : 327 pages
File Size : 22,64 MB
Release : 2019-02-14
Category : Political Science
ISBN : 081229579X

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Since 1978, the end of the Mao era, economic growth in China has outperformed every previous economic expansion in modern history. While the largest Western economies continue to struggle with the effects of the deepest recession since World War II, the People's Republic of China still enjoys growth rates that are massive in comparison. In the country's smog-choked cities, a chaotic climate of buying and selling prevails. Tireless expansion and inventiveness join forces with an attitude of national euphoria in which anything seems possible. No longer merely the "workshop of the world," China is poised to become a global engine for innovation. In China's Capitalism, Tobias ten Brink considers the history of the socioeconomic order that has emerged in the People's Republic. With empirical evidence and a theoretical foundation based in comparative and international political economy, ten Brink analyzes the main characteristics of China's socioeconomic system over time, identifies the key dynamics shaping this system's structure, and discusses current trends in further capitalist development. He argues that hegemonic state-business alliances mostly at the local level, relative homogeneity of party-state elites, the maintenance of a low-wage regime, and unanticipated coincidences between domestic and global processes are the driving forces behind China's rise. He also surveys the limits to the state's influence over economic and social developments such as industrial overcapacity and social conflict. Ten Brink's framework reveals how combinations of three heterogeneous actors—party-state institutions, firms, and workers—led to China's distinctive form of capitalism. Presenting a coherent and historically nuanced portrait, China's Capitalism is essential reading for anyone interested in the socioeconomic order of the People's Republic and the significant challenges facing its continuing development.

Author : Peter A. Hall
Publisher : Oxford University Press
Page : 557 pages
File Size : 16,32 MB
Release : 2001
Category : Business & Economics
ISBN : 0199247749

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Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

Author : Larry Neal
Publisher : Cambridge University Press
Page : 628 pages
File Size : 45,24 MB
Release : 2014-01-23
Category : Business & Economics
ISBN : 9781107019638

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The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

Author : Jonathan Haskel
Publisher : Princeton University Press
Page : 292 pages
File Size : 19,42 MB
Release : 2018-10-16
Category : Business & Economics
ISBN : 0691183295

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Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.