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Tuesday, January 28, 2020 | History

2 edition of privatization problems in the post-Communist economies found in the catalog.

privatization problems in the post-Communist economies

StanisЕ‚aw Lis

privatization problems in the post-Communist economies

  • 318 Want to read
  • 13 Currently reading

Published by Cracow Academy of Economics in Kraków .
Written in English


Edition Notes

Statementby Stanisław Lis, Benjamin Slay.
SeriesRector"s lectures -- no.14
ContributionsSlay, Benjamin.
ID Numbers
Open LibraryOL18062823M

Negotiated transitions based on pacts between ruling elites and opposition forces seemed to create better preconditions for democratic consolidation. How badly the Clinton policy failed may be a matter of opinion, and we will return to it in the final part of this book. This is especially true for countries of East-Central Europe that historically gravitated toward the Western core of the continent. This policy allowed the state to regulate how and when liquor was sold, and to collect all revenue from liquor sales within the state. In this literature, common explanations focused on proximate factors.

Even if your listeners have heard the term before, they will struggle to define it. Specific constitutional and institutional choices seemed to matter as well: Parliamentary democracy with proportional representation was considered the best constitutional framework, since it offered flexibility, was open to various interests and preferences, and encouraged cooperation and consensus among political actors. The government may be reluctant to get rid of the workers because of the negative publicity involved in job losses. After the breakup of the Soviet Union inthe foremost goal of U.

If the firm is inefficient then the firm could be subject to a takeover. When, inHayek founded the first organisation that would spread the doctrine of neoliberalism — the Mont Pelerin Society — it was supported financially by millionaires and their foundations. This pessimism, however, was quickly dispelled by successful political and economic reforms in several countries. Most successful Eastern European democracies had democratic episodes in the past and struggled, often unsuccessfully, to build and maintain democratic institutions. In addition to the traditional disciplines of history, political science, economics and international relations, the editors encourage the submission of articles in less developed fields of social sciences and humanities, such as cultural anthropology, education, geography, religion and sociology.


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Privatization problems in the post-Communist economies book

Can you create incentives in a nationalised firm? Those who relied on the New York Times, for example, must have been startled to learn—from an investigative reporter, not a Russia-watcher—that contrary to its prior reporting and editorials, "The whole political struggle in Russia between and was between different groups trying to take control of state assets.

Handle: RePEc:oxp:obooks as Download full text from publisher To our knowledge, this item is not available for download. In fact, one of the most striking features of the successful East-Central European transitions was an early commitment to rapid welfare reform and social compensation that partially sheltered vulnerable groups, such as pensioners or workers in restructured industries.

Something else happened during this transition: the movement lost its name. It is argued the private sector tends to run a business more efficiently because of the profit motive. It is this increase in competition that can be the greatest spur to improvements in efficiency.

Fragmentation of industries In the UK, rail privatisation led to breaking up the rail network into infrastructure and train operating companies. In contrast, when contracts are incomplete, institutions matter.

Similarly, the treatment of minorities, from the Chechens to the Roma, has not inspired much confidence.

Neoliberalism

These simultaneous transitions implied four formidable challenges: establishing a working democratic regime; transforming a state-controlled economy into a free-market economy; establishing an efficient state based on the rule of law; and reconstituting a vibrant civil society that would provide the needed underpinning for both working democracy and a market economy.

They are more affluent, have less poverty and enjoy a more equal distribution of income. In preparation for this, a new central bank system was established in West Germany with independent Land Central Banks and the Bank deutscher Lander with headquarters in Frankfurt am Main.

Advantages and problems of privatisation

Managers of publicly owned companies are required to be more accountable to the broader community and to political "stakeholders". The market ensures that everyone gets what they deserve.

Both the Marshall Plan in the re-democratization of Western Europe after World War II and the EU enlargement process in the postcommunist period are good examples of sustained long-term commitments. Analytical lenses were therefore turned increasingly to the past, with recent work emphasizing the importance of historical legacies at the expense of the policy and institutional choices stressed in the earlier literature.

Nor can most American journalists who wrote about Russia in the s look back with pride. Many people said you had to take it slowly. The new currency enjoyed considerable confidence and was accepted by the public as a medium of payment.

Successful East-Central European countries introduced deep reforms of public administrations and professional civil services, built state capacity and developed accountable bureaucracies.

Policymakers may have been misled by politics, investors by profit seeking, journalists by deadlines and their editors' expectations. Freedom from regulation means the freedom to poison riversendanger workers, charge iniquitous rates of interest and design exotic financial instruments.

But we respond to these crises as if they emerge in isolation, apparently unaware that they have all been either catalysed or exacerbated by the same coherent philosophy; a philosophy that has — or had — a name.

The first reviews the facts; the second focuses on the two basic mechanisms underlying transition: reallocation and restructuring; the third looks more closely at a number of issues, from the interactions between restructuring and privatization to the nature of the labour market in transition; the fourth chapter pulls the material together in an analytical model of transition.sought to eliminate inequality by eliminating private property and market forces, under the direction of a one party state post communist states had to transform their economic institutions to restore markets and private property, with mixed results, also their political institutions with come becoming liberal democracies while others authoritarian.

The post‐communist economies are catching up with most developed countries, but the gap in economic development remains very significant and is especially evident in the level of gross domestic product per capita and its derivatives, e.g.

health‐care spending per capita. The differences are also visible in the achieved health sylvaindez.com by: 2. Post-Communist Economies ( - current) Formerly known as. Communist Economies and Economic Transformation ( - ) Communist Economies ( - ) List of issues Latest articles Partial Access; Volume 32 Volume 31 Volume 30 Volume 29 Volume 28 Volume 27 Volume 26 The political economy of change after communism I survey the first twenty-five years of economic change in the former communist countries after the fall of the Berlin Wall.

While diverging sharply from one another, these countries have converged economically and politically towards their nearest neighbors outside the Soviet bloc. Communist and Post-Communist Studies is an international journal covering all communist and post-communist states and communist movements, including both their domestic policies and their international relations.

It is focused on the analysis of historical as well as current developments in the communist and post-communist world, including. Feb 27,  · The mass privatization model was going to open the golden door to the Czech free enterprise system even as it inspired some of the policies instituted in post-Communist Russia.