Economic Dynamics In Transitional Economies

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Economic Dynamics in Transitional Economies

Author : Bruno Sergi
Publisher : Routledge
Page : 262 pages
File Size : 54,5 Mb
Release : 2020-07-24
Category : Business & Economics
ISBN : 9781000156775

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Economic Dynamics in Transitional Economies by Bruno Sergi Pdf

Learn more about the transitional economies of Central and Eastern Europe! This book examines the economic dynamics of Central and Eastern European post-Communist countries. It illuminates the paths these countries are taking toward restructuring their markets, increasing international trade, and bettering their connections with the European Union and other countries. Beginning with a comparative analysis of the three “P-governments”—Pigouvian, Partizan, and Paternalistic—and continuing with a discussion of the interrelated political and economic difficulties of transition, author Bruno Sergi proposes a surprising solution. Inspired by the Bruxelles consensus, he proposes that the European Commission should become a fourth “P-government,” replacing the role formerly played by the Washington consensus in the restructuring of post-Communist economies. Economic Dynamics in Transitional Economies also explores: regional comparative macroeconomics the aftereffects of the Washington Consensus integration of Eastern and Western European economies interrelations between national and regional monetary activity political and economic policy reform involvement of European Union member countries We are living in historic times, and Economic Dynamics in Transitional Economies will be a welcome guide to the rough roads ahead. This thorough assessment of current political and economic realities will stimulate debate about new European paradigms, the role of the European Union, and the difficulties of post-Communist transition. These issues promise to be vital to the region’s success in the new century.

Transition Economies

Author : Aleksandr V. Gevorkyan
Publisher : Routledge
Page : 272 pages
File Size : 51,6 Mb
Release : 2018-04-17
Category : Business & Economics
ISBN : 9781317567943

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Transition Economies by Aleksandr V. Gevorkyan Pdf

This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.

Economies in Transition

Author : Wing Thye Woo,Stephen Parker,Jeffrey Sachs
Publisher : MIT Press
Page : 438 pages
File Size : 55,8 Mb
Release : 1997
Category : Business & Economics
ISBN : 0262731207

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Economies in Transition by Wing Thye Woo,Stephen Parker,Jeffrey Sachs Pdf

In 1994, the Asia Foundation's Center for Asian Pacific Affairs began a two-year project to compare the transitions of selected East European and Asian economies from centrally-planned communist systems to market economies. The goal was to shed light on the transition process through an understanding of the underlying economic and institutional dynamics. This volume is the culmination of that project.The volume is divided into three parts. In the first part, an overview, the editors review the authors' findings and highlight major themes. The second part looks closely at the transition process in seven Asian and East European economies: China, Vietnam, Mongolia, Russia, Poland, Hungary, and the Czech Republic. The third part contains six comparative studies that explore key elements of the transition process. The papers incorporate feedback obtained from meetings with cabinet members and high government officials, conferences, and seminars in Prague, Ho Chi Minh City, Hanoi, Beijing, Ulan Bator, and Washington, D.C. Contributors Leszek Balcerowicz, Barbara Blaszczyk, Peter Boone, Yuan Zheng Cao, Bruce Comer, Marek Dabrowski, Georges de Menil, Daniel C. Esty, Gang Fan, Boris Federov, Roman Frydman, Carol Graham, Stephen Parker, Andrzej Rapaczynski, James Riedel, Jeffrey D. Sachs, Baavaa Tarvaa, Vinod Thomas, Gavin Tritt, Adiya Tsend, Enkhbold Tsendjav, Joel Turkewitz, Narantsetseg Unenburen, Yan Wang, Wing Thye Woo

Transition Economies

Author : Gergõ M. Lakatos
Publisher : Nova Publishers
Page : 256 pages
File Size : 45,5 Mb
Release : 2008
Category : Business & Economics
ISBN : 1604560827

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Transition Economies by Gergõ M. Lakatos Pdf

A transition economy is an economy which is changing from a planned economy to a free market. Transition economies undergo economic liberalisation (letting market forces set prices and lowering trade barriers), macroeconomic stabilisation where immediate high inflation is brought under control, and restructuring and privatisation in order to create a financial sector and move from public to private ownership of resources. These changes often may lead to increased inequality of incomes and wealth, dramatic inflation and a fall of GDP. Transition process is usually characterised by the changing and creating of institutions, particularly private enterprises; changes in the role of the state, thereby, the creation of fundamentally different governmental institutions and the promotion of private-owned enterprises, markets and independent financial institutions. This new book presents the latest research from around the world in this field.

Transition and Economics

Author : Gérard Roland
Publisher : MIT Press
Page : 440 pages
File Size : 47,7 Mb
Release : 2000
Category : Business & Economics
ISBN : 026268148X

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Transition and Economics by Gérard Roland Pdf

The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.

Institutions, Transition Economies, And Economic Development

Author : Tim Yeager
Publisher : Routledge
Page : 242 pages
File Size : 49,9 Mb
Release : 2018-02-07
Category : Political Science
ISBN : 9780429979392

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Institutions, Transition Economies, And Economic Development by Tim Yeager Pdf

Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.

The Economics of Transition

Author : Egor Timurovich Gaĭdar
Publisher : MIT Press
Page : 1066 pages
File Size : 45,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 026207219X

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The Economics of Transition by Egor Timurovich Gaĭdar Pdf

This collection of essays discuss the economic policy problems that confront postcommunist countries. Most chapters focus on liberalization of the exchange rate and trade system, macroeconomic stabilization, and institutional reform.

Global Perspectives on Trade Integration and Economies in Transition

Author : Erokhin, Vasily
Publisher : IGI Global
Page : 407 pages
File Size : 55,8 Mb
Release : 2016-06-16
Category : Business & Economics
ISBN : 9781522504528

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Global Perspectives on Trade Integration and Economies in Transition by Erokhin, Vasily Pdf

In the era of globalization, foreign trade has an immense impact upon modern economies. To succeed in the global marketplace, sustainable development in trade practices is an imperative goal for countries to reach. Global Perspectives on Trade Integration and Economies in Transition is an authoritative reference source for the latest research on the dynamics of transitional economies and how certain obstacles can disrupt the effectiveness of the transition process. Highlighting the value of trade incorporation at the national and international levels, this book is ideally designed for researchers, professionals, government officials, policy makers, and upper-level students interested in the intersection of globalization, trade, and international economics.

Dynamics of Institutional Change in Emerging Market Economies

Author : Nezameddin Faghih,Ali Hussein Samadi
Publisher : Springer
Page : 387 pages
File Size : 40,5 Mb
Release : 2022-04-10
Category : Business & Economics
ISBN : 3030613445

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Dynamics of Institutional Change in Emerging Market Economies by Nezameddin Faghih,Ali Hussein Samadi Pdf

Economic, social, political, and cultural institutions, and institutional change reflect shared journeys of humanity throughout history. This edited volume explores dynamics, trends, and implications of institutional change in emerging markets, by focusing on theories, concepts, and mechanisms of institutional development. Presenting research by eminent scholars and experts engaged in education and research, they address and discuss the most recent issues in the field, reveals new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets. Topics range from dynamics of institutional change and development within the Group of Twenty (G20), and the European Union with an assessment of Brexit impact, to institutional quality measurement, public administration reforms, as well as emergent topics such as the effects of energy and globalization. It provides new international business theories, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. The book is intended for a wide range of global audience, and should serve as a useful reference in education and research, offering innovative and productive discussions, as well as satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies.

Real and Financial Economic Dynamics in Russia and Eastern Europe

Author : Timothy Lane,Nina Oding,Paul J.J. Welfens
Publisher : Springer Science & Business Media
Page : 297 pages
File Size : 49,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642555121

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Real and Financial Economic Dynamics in Russia and Eastern Europe by Timothy Lane,Nina Oding,Paul J.J. Welfens Pdf

Russia and many other transition countries are now facing the challenges of opening up, restructuring, and modernizing their economies, which requires addressing numerous institutional weaknesses and supply-side distortions. From a regional perspective, drawing on the experience of other reforming countries, the papers examine these issues. Aspects addressed include the implications of trade and capital flows, the process of labor market reform, financial market development, productivitiy growth, and innovation dynamics. The dynamics of the reform process are also studied in the context of new political economy models.

The Dynamics of Growth in Emerging Economies

Author : Arzu Akkoyunlu Wigley,Selim Çağatay
Publisher : Routledge
Page : 369 pages
File Size : 45,7 Mb
Release : 2018-12-19
Category : Business & Economics
ISBN : 9780429790737

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The Dynamics of Growth in Emerging Economies by Arzu Akkoyunlu Wigley,Selim Çağatay Pdf

How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.

Capital, Time and Transitional Dynamics

Author : Harald Hagemann,Roberto Scazzieri
Publisher : Routledge
Page : 345 pages
File Size : 49,9 Mb
Release : 2009-01-13
Category : Business & Economics
ISBN : 9781134158027

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Capital, Time and Transitional Dynamics by Harald Hagemann,Roberto Scazzieri Pdf

In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest part of economics". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks’ work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years. Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz.

Economic Growth and Development

Author : Sibabrata Das,Alex Mourmouras,Peter C. Rangazas
Publisher : Springer
Page : 272 pages
File Size : 55,7 Mb
Release : 2015-01-12
Category : Business & Economics
ISBN : 9783319142654

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Economic Growth and Development by Sibabrata Das,Alex Mourmouras,Peter C. Rangazas Pdf

Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. This book is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. With its single model and focus on data and policy analysis, this text is intended for beginning graduate students and policy makers interested in economic development.