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Deficit and Debt in Transition

Deficit and Debt in Transition
Author: István Benczes
Publisher: Central European University Press
Total Pages: 242
Release: 2014-07-01
Genre: Political Science
ISBN: 9633860598

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The adjustment problems of public finance in countries of Central and Eastern Europe (CEE) are often misunderstood and misinterpreted by western scholars. This book contributes to the bridging of the gap between what is being thought by external observers and what the actual public finance reality is, as described by competent local scholars. Popular political economy research has remained biased towards advanced countries and has neglected developing and transition economies. Publications on CEE countries' public finances seem to be reluctant to apply the conceptual framework of standard political economy to these countries because of the assumption that CEE economies are different from their Western peers. But is this really the case? Are CEE economies so much different that none of the well-known "Western" political economy concepts or models can be applied to the analysis of fiscal performance in the region? Benczes demonstrates that they can be safely applied in the context of CEE economies as well. He sees no need to develop a separate or unique theory designed for the study and understanding of (one-time) transition economies.


Transformation and Crisis in Central and Eastern Europe

Transformation and Crisis in Central and Eastern Europe
Author: Bruno Dallago
Publisher: Routledge
Total Pages: 464
Release: 2016-05-05
Genre: Business & Economics
ISBN: 1317625234

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The global financial crisis has provided an important opportunity to revisit debates about post-socialist transition and the relative success of different reform paths. Post-communist Central and Eastern Europe (CEECs) in particular show resilience in the wake of the international crisis with a diverse range of economic transformations. Transformation and Crisis in Central and Eastern Europe offers an in depth analysis of a diverse range of countries, including Poland, Hungary, Russia, Ukraine, Czech Republic and Slovakia. This volume assesses each country’s institutional transformations, geopolitical policies, and local adaptations that have led them down divergent post-communist paths. Chapters take the reader systematically through the evolution of former communist national economic systems, before ending with lessons and conclusions for the future. Subsequent chapters demonstrate that economic performance crucially depends on achieving a sustainable balance between sound institutional design and policies on one hand, and localization on the other. This new volume from a prestigious group of academics offers a fascinating and timely study which will be of interest to all scholars and policy makers with an interest in European Economics, Russian and East European Studies, Transition Economies, Political Economy and the post-2008 world more generally.


The Political Economy of Transition in Central and Eastern Europe

The Political Economy of Transition in Central and Eastern Europe
Author: Jens Bastian
Publisher: Routledge
Total Pages: 161
Release: 2019-06-04
Genre: Business & Economics
ISBN: 0429797230

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First published in 1998, this volume contributes to the debate after the fall of the Soviet Union on the transition of Eastern European, former Soviet countries to a market economy. The transition was an enterprise as daring in practice and historically unprecedented as it is an analytical laboratory subject to constant reflection. The first two chapters address foreign direct investment in Central and Eastern European countries. The rebuilding of social insurance systems is then addressed, with a focus on state pension schemes. The subsequent two chapters examine the political and demographic features of transition countries, highlighting media reform as a key aspect for the consolidation of a democratic, law-based, market economy and society. Focus then turns to Poland, the country which is considered to display the most progress in the political economy of transition. Finally, the controversial issue of the electoral successes of former Communist parties in Central and Eastern Europe is discussed.


Economics of Institutional Change

Economics of Institutional Change
Author: Elodie Douarin
Publisher: Springer
Total Pages: 333
Release: 2017-10-24
Genre: Political Science
ISBN: 3319654748

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This book, a third edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition, the differences and importance of initial conditions in institutional building, and, social norms, values, and happiness. Other chapters have been expanded to include, for example, a focus on the Washington consensus, commentary on the 2008 financial crisis, state capacity and corruption, and new findings on redistribution and inequality. With specific focus on Central Europe, Eastern Europe and Central Asia, this revised edition examines the process of development, and its interdependence with institutions.


Remaking Eastern Europe — On the Political Economy of Transition

Remaking Eastern Europe — On the Political Economy of Transition
Author: J.M. Van Brabant
Publisher: Springer Science & Business Media
Total Pages: 236
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9400906897

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This compact volume is meant as a modest contribution to the ongoing debate on how to transform in particular the radically reforming Eastern European economies into more productive sociopolitical organizations. Although my main focus here is on the economics of reform and east-west assistance, I have tried to embed the multiple technical aspects of restructuring such a resource alloca tion into the context of remaking Eastern Europe. That the volume coincides with the seminal transformations of the communist countries of Eastern Europe is, of course, not fortuitous. But I shall have much less to say about the politi cal transitions from communism to parliamentary democracy, except the ways in which the latter may bolster or hinder the hoped-for economic mutations. In taking stock of where I stand on the issue of "radical reform" of planned economics in general and the CMEA in particular, both still moving targets, I have benefited greatly from participation in formal and informal conferences on economic reform. The product has also profited from many informal discus sions and exchanges of views among friends and colleagues, including those entrusted with and purely interested in efforts on the overall topic of the study launched from within the broad context of the United Nations, my at times reluctant employer.


Economic Adjustment and Reform in Eastern Europe and the Soviet Union

Economic Adjustment and Reform in Eastern Europe and the Soviet Union
Author: Franklyn D. Holzman
Publisher: Duke University Press
Total Pages: 470
Release: 1988
Genre: Business & Economics
ISBN: 9780822308522

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Economic reform, structural adjustment, macroeconomic stabilization, and participation in the world economy are interconnected aspects of the same issue: the long-term economic viability of centrally planned economies in the rapidly changing economic environment of the modern world. Any economic strategy that focuses on only one or two of these aspects at the expense of the others is likely to fail; yet even strategies that build on all of these bases may well fail unless political leaders can muster exceptional skill, garner international support, and enjoy some good luck. The contributions to this volume reflect the recent research on this issue by various specialists on the economies of the Soviet Union and Eastern Europe. Each author emphasizes macroeconomic stabilization, structural adjustment, participation in the larger world economy, or ecomonic reform.


The Political Economy of the Transition Process in Eastern Europe

The Political Economy of the Transition Process in Eastern Europe
Author: Laszlo Somogyi
Publisher: Edward Elgar Publishing
Total Pages: 400
Release: 1993-01-01
Genre: Business & Economics
ISBN: 9781782543947

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'This well-produced book is a worthy contribution to the burgeoning literature on the transition. The editor provides a useful introduction.' - Ian Jeffries, The Economic Journal '. . . provides a useful and readable introduction to many of the most important issues in the "transition process".' - Hugo Radice, Economics of Transition Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.


Good Governance in Central and Eastern Europe

Good Governance in Central and Eastern Europe
Author: Herman Willem Hoen
Publisher: Edward Elgar Publishing
Total Pages: 176
Release: 2001
Genre: Business & Economics
ISBN:

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Hoen (international political economy, U. of Groningen, The Netherlands) offers seven contributions which collectively explore the notions of good governance for promoting market reforms in the transition economies of Central and Eastern Europe. In answering the question of how to promote and enforce good governance, the three aspects that are stressed by the authors are economic performance, external conditionality caused by the international financial institutions, and elite formations and domestic constraints. c. Book News Inc.


The Economic Opening of Eastern Europe

The Economic Opening of Eastern Europe
Author: John Williamson
Publisher:
Total Pages: 116
Release: 1991
Genre: Political Science
ISBN:

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This analysis comprises the final chapter of Currency Convertibility in Eastern Europe by John Williamson. That chapter rounded off and summed up a critique of how currency convertibility has worked in Eastern Europe and how it may work in the future.