Neo-Transitional Economics

Neo-Transitional Economics
Author: Yusaf H. Akbar
Publisher: Emerald Group Publishing
Total Pages: 396
Release: 2015-03-11
Genre: Business & Economics
ISBN: 1784416819

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Neo-transitional economics is a policy-oriented collection of contemporary theoretical and empirical research studies on transition countries in the post-crisis paradigm. Topics covered range from monetary and financial economics to international trade and formation of a welfare state.

Alternative Political Economy Models of Transition

Alternative Political Economy Models of Transition
Author: John Marangos
Publisher: Routledge
Total Pages: 500
Release: 2017-07-05
Genre: Business & Economics
ISBN: 1351533045

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The collapse of centrally administered socialism in Russia and Eastern Europe resulted in what is commonly referred to as the transition problem: the transformation from a centrally administered socialist economic system to one that is market-based. Economic science has been faced with the challenge of developing an appropriate body of analysis, advice, and direction to help other nations that may be undergoing this process. In this volume, John Marangos adopts a political economy approach that yields alternative models of transition. The volume develops transition models from what Marangos defines as the primary elements of six variables: (1) economic analysis; (2) definitions of the Good Society; (3) speed of transition; (4) political structure; (5) ideological structure; and (6) initial conditions. The models developed include: the shock therapy model, the neoclassical gradualist model of transition, the post Keynesian model, the pluralistic market, the socialist model, and the non-pluralistic market socialist model. After identifying the primary elements of each transition model, Marangos considers the elements of each model with respect to the desirable reforms. An essential element of the transition process is not only to identify the necessary reforms but also a sequence in which the reforms should be introduced. For each transition model developed in this book, a set of primary and secondary elements were provided in conjunction with a sequence of reforms. Analyzing the transition problem from a political economy perspective, Marangos shows that it is possible to have inconsistencies within each transition model and between transition models yet be able to identify the potential for implementation and maintenance of necessary reforms each model recommends. This volume contributes to the understanding of the process of transition, with the objective of identifying an optimal model of transition.

Economies In Transition: Conception, Status And Prospects

Economies In Transition: Conception, Status And Prospects
Author: Peter Koveos
Publisher: World Scientific
Total Pages: 438
Release: 2002-12-16
Genre: Business & Economics
ISBN: 981448928X

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To date, the record of economic transition has decidedly been mixed. The worldwide political climate is still in favor of economic reform and the process continues to have considerable momentum. On the other hand, this process now faces a number of formidable obstacles. There appears to be general agreement that in many countries the promise of a better standard of living which economic transition offers to the mass of the citizenry has failed to produce the rapid and dramatic results hoped for. There is an increasing conflict of interest between multinational firms and the national business community. Moreover, many transition economies have experienced a slowing of economic growth in real terms and social services have been severely cut.This book deals with the development of those forces that have played a major role in the successes and failures of economic transition. Its distinctive feature is that it does this from the perspective of economic, political and social analysis, taking into account both theoretical constructs and economic realities for those countries which have attempted the grand experiment with economic transition.

The Political Economy of Asian Transition from Communism

The Political Economy of Asian Transition from Communism
Author: Sujian Guo
Publisher: Routledge
Total Pages: 221
Release: 2017-11-28
Genre: Business & Economics
ISBN: 1351145797

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A comparative study of the political economy of the transition from communism in East and Southeast Asian countries (China, North Korea, Vietnam, Laos and Cambodia), addressing the key theoretical questions generated from the debate between shock-therapists and gradualists. While accurately defining the pre-reform model, this book explores the causal variables that have contributed to reform efforts within Asia, examining the significance of the sequencing of political and economic transition and the interplay between politics and the economy in determining variations in transition outcomes. Comparing the 'real world' experiences of transition nations in communist Asia with Eastern Europe, prominent questions are brought to the fore; will market capitalism or market socialism prevail after the grand failure of communism? This book makes an important contribution to the political economy theory of comparative communist and post-communist studies and provides detailed analytical insights that will prove influential in future theoretical work.

Institutional Change in Transition Economies

Institutional Change in Transition Economies
Author: Michael Cuddy
Publisher: Routledge
Total Pages: 258
Release: 2019-01-15
Genre: Business & Economics
ISBN: 1351742647

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This title was first published in 2002.The importance of institutions for transition economies has so far been overlooked; Michael Cuddy and Ruvin Gekker bring together leading experts in the field to fill this crucial void in the literature. The contributors concentrate on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period. Experiences are primarily drawn from Russia. The book consists of three parts, the first comprising an analysis, synthesis and generalizations of the institutional adaptations, as a market economy slowly emerges from a fog of shifting rules and varying interpretations. This is followed by the study of business and taxation authorities’ behavior as they try to minimize or maximize the taxation take. The volume also analyzes the challenges facing central and regional governments in delivering equitable levels of public services across regions of vastly different development levels, while at the same time trying to stimulate regional economic growth.

The Routledge International Handbook of European Social Transformations

The Routledge International Handbook of European Social Transformations
Author: Peeter Vihalemm
Publisher: Routledge
Total Pages: 419
Release: 2017-11-22
Genre: Social Science
ISBN: 1317043502

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This book focuses on social transformations as one of the central topics in the social sciences. The study of European social transformations is very valuable in the context of universal discussions within social sciences: explaining invariable, universal attributes of societies and examining changing attributes. The book consists of 20 chapters on European social transformations, written from the perspectives of distinguished scholars from such disciplines as economics, political science, educational science, geography, media and communication studies, public management and administration, social psychology and sociology. The temporal and spatial range of the book is wide, including such global changes as time-space compression, focusing particularly on change processes in Europe during the last two decades. The book consists of four main parts, beginning with an overview of the theoretical and methodological approaches, and then focusing separately on post-communist transformations, institutional drivers of social transformations in the European Union, and European transformations in the context of global processes. The book presents current theoretical, empirical and methodological approaches that complement the scientific literature on social transformations. This book is both an invaluable resource for scholars and an indispensable teaching tool for use in the classroom and will be of interest to students, academics, and policy-makers studying how this diverse region has changed over recent years.

Science, Rationality, and Neoclassical Economics

Science, Rationality, and Neoclassical Economics
Author: L. D. Keita
Publisher: University of Delaware Press
Total Pages: 204
Release: 1992
Genre: Business & Economics
ISBN: 9780874134100

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This work examines the claim to scienific status made by supporters and practitioners of neoclassical economics. The approach taken is that of the history and philosophy of science. Analysis points to the conclusion that theories of economic choice are necessarily normative, essentially because of the nature of human behavior.

Supply Shock

Supply Shock
Author: Brian Czech
Publisher: New Society Publishers
Total Pages: 389
Release: 2013-05-28
Genre: Business & Economics
ISBN: 0865717443

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THE STEADY STATE REVOLUTION -- NAVIGATING THE END OF ECONOMIC GROWTH Supply Shock "clearly describes the heart of what ails us--a zombie-like addiction to economic growth everywhere at all costs. Brian Czech brilliantly dissects the economic theories, models, and mindsets that are diminishing the human prospect while calling it "progress." ... King Midas would have understood the point, as we will someday." -- David W. Orr, Paul Sears Distinguished Professor of Environmental Studies and Politics, and Senior Adviser to the President, Oberlin College .".. it's evident that Czech has mastered the art of melding science, economics, policy and politics in one readable piece. Supply Shock belongs in the classroom, boardroom, town halls and policy circles." -- Herman Daly, from the foreword Politicians, economists, and Wall Street would have us believe that limitless expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. "Supply Shock" debunks this widely accepted myth, leaving no doubt that the biggest idea of the 20th century - economic growth - has now become the biggest problem of the 21st. Starting with a refreshingly accessible, comprehensive critique of "the dismal science," author Brian Czech develops a compelling argument for a steady state economy. Whereas many works of economic thought can be dry and boring, Supply Shock succeeds at engaging readers while conveying keen scientific, economic and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policy objectives designed to ease the transition to life after growth. "Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time to mitigate the damage. Czech's vision of "steady statesmanship" is impressive and convincing, and this book easily qualifies as one of the key manuals for those who care about the world and its inhabitants." -- Lynn Gree nwalt, former director, U.S. Fish and Wildlife Service "An old economic world is dying, and a new economic world is being born. Brian Czech is one of the visionaries..." -- Governor Rich ard D. Lamm Brian Czech is the founder of Center for the Advancement of the Steady State Economy (CASSE), the leading organization promoting the transition from unsustainable growth to a new economic paradigm.

From Plan To Market

From Plan To Market
Author: Adam Fforde
Publisher: Routledge
Total Pages: 305
Release: 2019-03-13
Genre: Business & Economics
ISBN: 0429710941

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This clear and accessible text explores Vietnam's successful transition from neo-Stalinist central planning to a market economy—\"Vietnamese style.\" After describing the north Vietnamese system prior to 1975 and its colonial and precolonial antecedents, the authors uncover the mechanisms of that changeover. They contend that the Vietnamese transition was largely bottom-up in character and that it evolved over a long enough period for the country's political economy to adjust. This explains in part the rapid shift to a high-growth, externally oriented development path in the early 1990s, despite the loss of Soviet aid and the lack of significant Western substitutes until 1992-1993. Based upon extensive incountry experience, a wealth of primary materials, and wide comparative knowledge of development issues, the book challenges many preconceived notions, both about Vietnam and about the general nature of transition processes.