How capitalism was built the transformation of Central and Eastern Europe, Russia, and Central Asia /
Saved in:
| Main Author: | |
|---|---|
| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge ; New York, NY :
Cambridge University Press,
2007.
|
| Subjects: | |
| Online Access: | An electronic book accessible through the World Wide Web; click to view |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Table of 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.