[PDF] Globalization And Catching Up In Transition Economies eBook

Author : Grzegorz W. Kołodko
Publisher : Boydell & Brewer
Page : 117 pages
File Size : 15,26 MB
Release : 2002
Category : Business & Economics
ISBN : 158046050X

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Globalization and post-communist transition are currently two of the most important economic issues. Kolodko considers the links between them, and the way forward for post-socialist economies.

Author : Grzegorz W. Kolodko
Publisher :
Page : 45 pages
File Size : 39,31 MB
Release : 2014
Category :
ISBN :

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The transitional recession in Eastern Europe and the former Soviet Union has lasted much longer than expected. It has been the result of both the legacy of the past and policy mistakes. Due to structural reforms and gradual institution-building, the postsocialist economies have started to recover, and some leading countries have been able to build up a certain amount of momentum towards fast growth. There is a possibility that, within the wider context of globalization, several of these emerging market economies will be able in a matter of one or two generations to catch up with the more advanced industrial countries.

Author : Mr.Grzegorz W. Kolodko
Publisher : INTERNATIONAL MONETARY FUND
Page : 51 pages
File Size : 40,60 MB
Release : 2000-06-01
Category : Business & Economics
ISBN : 9781451852394

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The transitional recession in countries of Eastern Europe and the Former Soviet Union has lasted much longer than expected. The legacy of the past and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the post-socialist economies have started to recover, with some leading countries building momentum toward faster growth. There is a possibility that in the wider context of globalization several of these emerging market economies will be able to catch up with the more advanced industrial economies in a matter of one or two generations.

Author : Grzegorz W. Kolodko
Publisher :
Page : 0 pages
File Size : 47,52 MB
Release : 2014
Category :
ISBN :

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The paper discusses conditions and prospects for fast and durable growth in emerging market economies. In the course of history less than 30 countries have become rich and still more than 80 percent of the world population is lagging behind. In many cases a lot indeed. It is true not only for overwhelming majority of countries in the "Third World", but also for the new, emerging market economies of East Central Europe and the former Soviet Union. The postsocialist transformation has raised exuberant expectations for rapid economic and social progress. However - after already 12 years of liberalization and integration into the global economy - it has not happen. At least not yet. Thus the question arises - how real are the prospects for catching-up in these emerging markets? What are the cultural, political and especially economic factors that may contribute to sustained growth over the long term? Certainly, they are the ingredients, which must be used in the recipe for successful development strategy. Hence, is the contemporary wave of globalization bringing an additional chance for sustained growth and development, or is it just another threat to it?

Author : Elias G. Carayannis
Publisher : Springer Science & Business Media
Page : 415 pages
File Size : 37,12 MB
Release : 2011-12-13
Category : Business & Economics
ISBN : 1461415470

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In several parts of the world, countries are undergoing economic, social, and political transitions, enhanced and accelerated by the forces of globalization. These transition economies can serve as laboratories for understanding the innovation process. This volume features original theoretical and empirical research. It offers the first comprehensive view of innovation system development in the context of small catching-up economies. Smallness, path dependency, and latecomer status of such economies create some inherent limitations for their innovation systems, but these special characteristics can offer advantages as well. For example, smallness is often related with increased flexibility and shorter reaction times, while latecomers can benefit from earlier experiences of their more advanced neighbors. Path-dependency highlights the fact that the innovation system development processes are considerably influenced by the past experience of a particular country or region. By incorporating these features into an integrated analysis, the authors address such questions as: · What special features characterize the innovation system development in small catching-up economies? · What are the causes for innovation success or failure? · How do organizational capabilities and internationalization tendencies relate to company level innovations? · What is the role of human capital and social factors in the innovation process? · How can various policies support innovation in an integrated manner? Drawing from research about Europe, Asia, and Latin America, the authors provide readers with a systemic view of the innovation system development in small catching-up economies. They discuss the unique features of this development and contribute to an in-depth understanding of various determinants and their impacts on the innovation process. The policy implications will offer a set of normative guidelines for enhancing innovation system development.

Author : Rob Vos
Publisher : A&C Black
Page : 263 pages
File Size : 48,51 MB
Release : 2011-01-01
Category : Political Science
ISBN : 1849665311

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The countries in Central and Eastern Europe and the Commonwealth of Independent States have opened up their economies to the world economy as a step towards a profound transformation from plan to market. Some have fully integrated into the European market while others have not. This book focuses on the challenges economies face when in transition.

Author : Grzegorz W. Kołodko
Publisher : Nova Publishers
Page : 206 pages
File Size : 33,27 MB
Release : 2006
Category : Business & Economics
ISBN : 9781600210457

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An answer for the economist is a question for a policy maker. Most economists are confronted daily with the practical question of how the world is organised and how the global economy performs? When economists conclude they can grasp certain aspects scientifically, they offer an answer, which becomes, in turn, a question to the policy makers, keen on changing the world for the better. The unique approach presented in the book is the combination of the theoretical considerations with the policy viewpoint analysis, due to the author's own experience with policy-making as deputy premier and finance minister of Poland (twice and very successful as an architect of Polish reforms). Another important feature is a vast, yet comprehensive and deep discussion of the interactions between technology change and society and the economy both, in the world economy and in emerging markets, especially the post-communist ones. Of great importance for sustained development are the institutions. They are not only created and built, but also need to be learnt. Not only theoretical arguments, but also the practical experience demonstrates that faster economic growth is attained by those countries which take greater care to foster the institutional reinforcement of market economy and civic society. Yet progress in market-economy institution building is not in itself sufficient to ensure durable and fast growth. Another indispensable component is an appropriately designed and implemented economic policy, which must not confuse the means with the aims.